| West Australian Premier Colin Barnett says the state is considering introducing a Norway-style sovereign wealth fund so future generations can benefit from its buoyant resources sector.Barnett was responding to a question from a mining executive at a WA Mining Club briefing in Perth on Friday.
"The West Australian government is looking at setting up a state wealth fund so that we would potentially put some share of royalty income or some share of budget surpluses into a fund for the future," Mr Barnett said...........................................Full Article: Source |