| Treasury Secretary Martin Parkinson spoke about the sovereign wealth fund debate and in so doing underlined one of the main arguments for establishing another sovereign wealth fund (as he notes we already have one – the Future Fund). This is what Martin Parkinson said:
“At the same time, there is an emerging debate about the desirability of a sovereign wealth fund. Putting aside the fact we already have a sovereign wealth fund (the Future Fund), the conflicting objectives of the different proponents of a new SWF, and whether our superannuation system already has some of the characteristics sought in a new fund, it is worth making a fairly straightforward observation...............................................Full Article: Source
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