Senate debates

Wednesday, 14 May 2014

Questions without Notice

Medical Research Future Fund

2:12 pm

Photo of Fiona NashFiona Nash (NSW, National Party, Assistant Minister for Health) Share this | Hansard source

The capital-protected Medical Research Future Fund will reinvest all of the savings from the fiscally responsible changes to the health budget until the fund reaches $20 billion, which is expected by 2020. The fund will be managed by the Future Fund Board of Guardians, which have a proven track record in managing an investment portfolio on behalf of the government and maximising returns over the long term. The Medical Research Future Fund—

Honourable senators interjecting—

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