Mathias Cormann (WA, Liberal Party, Vice-President of the Executive Council) Share this | Hansard source

The specific figure is something that will be reported on a regular basis. And you're right: in Senate estimates you'll be able to ask that question. The principle is entirely reasonable—the Future Fund, which has great expertise in this area, will be providing services to ensure that a fund that currently has got $3.9 billion in it will grow to $5 billion at the same time as making disbursements of $100 million a year from 1 July 2020 every year to help fund additional drought resilience projects. These arrangements, in terms of the way appropriate admin fees are proportionately allocated to this fund, will be consistent with arrangements that have been in place successfully for some time in relation to other relevant funds, in particular the Medical Research Future Fund.