Senate debates

Thursday, 21 November 2024

Questions without Notice

Future Fund

2:25 pm

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

Well, yes, and we do not direct the Future Fund in the investment decisions it makes. It is an independent board of guardians that makes those decisions. We provide some guidance, through the investment mandate and the statement of expectations, which has been modestly amended—despite the hysteria from those opposite—to include housing, the energy transition and the resilience of our national infrastructure as priority areas for the fund to consider. How outrageous is that!

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