| 15.05.2012 - Western Australia can't afford wealth fund: Business |
| Western Australia cannot afford a sovereign wealth fund and will be financially straightjacketed if it is introduced by the Colin Barnett-led government, the state's peak business lobby group says. The Liberal leader last year said the state was considering introducing a Norway-style sovereign wealth fund for a portion of royalty income or budget surpluses so future generations could benefit from its strong resources sector...............................................Full Article: Source |