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Sovereign Wealth Funds Briefing - Categorized | Market, People, Trends

Australia economy gap may worsen, Future Fund says

Posted on 26 September 2011

Australia is likely to exacerbate the risks from a two-speed economy if it doesn’t cut its level of indebtedness to other countries, Future Fund Chairman David Murray said.
“This is not a time when state and federal governments should be becoming more highly indebted,” Murray, who oversees the government-owned entity controlling A$75 billion ($73 billion) of assets, said on the Australian Broadcasting Corp.’s “Inside Business” program………………………………………Full Article: Source

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