| Chairman Peter Costello can justifiably be proud of the achievements of the Future Fund. Ten years after he established it as federal treasurer — setting up strict guidelines for its operation, to set aside what were windfall profits to help meet superannuation liabilities for public servants — the fund has doubled in size.
From government seed capital of $60.5 billion (proceeds from of the sale of Telstra and budget surpluses), the fund has grown to $123bn from its own investments...............................................Full Article: Source
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