Senate debates

Monday, 12 September 2011

Questions without Notice

Future Fund

2:38 pm

Photo of Penny WongPenny Wong (SA, Australian Labor Party, Minister for Finance and Deregulation) Share this | Hansard source

What I would say about the Future Fund, as we have confirmed in this discussion today, is that the assets held by the fund are about $70 billion—I think it is around $75 billion—and I suppose the opposition could fill their budget black hole by selling the entire of the Future Fund. That could be their approach to fiscal policy, given that they have yet to have a set of costings that add up.

I make the point that we have traversed this is great detail. Those opposite continue to make assertions around the Future Fund that are not true.

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