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Australia’s $230 billion Future Fund encouraged to invest in housing, energy transition, infrastructure

Summary by The Conversation
The Albanese government has rewritten the mandate of the Future Fund – the nation’s sovereign wealth fund – to urge it to direct investment into the “national priorities” of housing, the energy transition and infrastructure, where the risk and returns are acceptable. Treasurer Jim Chalmers and Finance Minister Katy Gallagher said a new “investment mandate” and “statement of expectations” would modernise, refresh and renew the fund so it playe…
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