Future Fund
Country: Australia
Established: 2004
US$ Billion: 61
Origin: Non-commodity
Transparency Rating: 9
Summary:
Australian Government Future Fund is an independently managed investment fund into which the Australian Government deposits its budget surplus. The purpose of the fund is to meet the government's future liabilities for the payment of superannuation to retired public employees.
Strategies and Objectives:
The stated aim of the fund is to hold AUD $140 billion by 2020; this figure would free up AUD $7 billion in superannuation payments each year from the federal budget.
News and Updates
Location
Future Fund Management Agency
Locked Bag 20010
Melbourne VIC 3001
Australia
Website
Future Fund Site
1. All figures quoted are from official sources, or, where the institutions concerned do not issue statistics of their holdings, from other publicly available sources.
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