Senate debates

Thursday, 21 November 2024

Questions without Notice

Future Fund

2:16 pm

Photo of Katy GallagherKaty Gallagher (ACT, Australian Labor Party, Minister for the Public Service) Share this | Hansard source

As you can see, the decision today is about areas where the Future Fund is making investments. I strongly don't believe, as you have put it, that this is politicisation of the Future Fund. What a load of rubbish! Something that was established two decades ago can never ever be changed under any circumstances—how ridiculous is that? Why have an investment mandate? Why have a statement of expectations? Why do they exist? They exist so that shareholders can update, if they choose, and provide further advice or information.

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