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Sovereign Wealth Funds Briefing - Categorized | Financials, Fund Management/Administration

Future Fund could have a budget role

Posted on 21 September 2011

ā€ˇFuture Fund chairman David Murray says the federal government could use money from the fund to stabilise the budget, if the rules governing the fund are changed.
Murray said the way that the Future Fund was formulated made it a long-term fund only. The fund was set up to fund $140 billion of uncovered superannuation liabilities by 2020……………………………………….Full Article: Source


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