04.07.2011 - Australia SWF: Who benefits, not who owns, is what matters
Resources revenue should build a sovereign wealth fund. Some of the billions upon billions of taxation revenue generated each year, a sum that will be boosted should the proposed minerals resource tax become law as expected, should be channelled to a sovereign wealth fund. It is here that Senator Brown has fallen in behind Malcolm Turnbull, the former - and perhaps future - opposition leader, who has been advocating the establishment of such a fund..............................................Full Article: Source
Print