#FutureFund
#FutureFund spent £1.14bn backing 1,190 companies, some of them of types not usually associated with government portfolios.

The fund also invested nearly £2m in companies linked to #Sunak ’s wife, Akshata Murty. #tories
September 19, 2025 at 10:49 AM Everybody can reply
1 reposts
Is it any wonder #Cookers spew provably wrong piffle when their source is PAUL MURRAY on Sky News? Last night he ranted on about the #futurefund, with editing that wasn’t a lie but spun #misinformation. Watch tomorrow as we pull Paul's 'facts' apart and send cookers back to the dunce corner.
November 22, 2024 at 8:07 AM Everybody can reply
3 reposts 1 quotes 9 likes
A question on #MrsWordsmith #FutureFund tabled by Dame Siobhain McDonagh on 12-01-2024 has been answered by Kevin Hollinrake. https://questions-statements.parliament.uk/written-questions/detail/2024-01-12/9316
January 19, 2024 at 4:51 PM Everybody can reply

When Marx said world-historic events repeat "first as tragedy, then as farce," he might’ve been describing the spat between Peter Costello and Jim Chalmers over the Future Fund. Australia’s $230B fund is small compared to Norway’s $1.5T. Time to invest in climate & housing. #AusPol #FutureFund
Tragedy followed by farce in Future Fund dispute - Pearls and Irritations
The Future Fund assets are now $230 billion and i renewable energy and housing are both massive imperatives that could safeguard the future.
johnmenadue.com
November 25, 2024 at 11:11 PM Everybody can reply
2 reposts 5 likes
This is an intriguing article for the content and the ABCifying it needs to do. Poor ole #Hutchens is skirting a fine line outlining the UN resolutions #auspol has agreed to abide by whilst indicating that it does not, quite yet, and there are, ah sensitivities. Needless, #FutureFund needs #BDS
December 8, 2024 at 11:45 AM Everybody can reply
1 reposts 1 likes
"Social license" = Woodside receiving millions in govt funding for Carbon Capture & Storage, $593 million invested by the Australian Government in Woodside as part of their Futurefund.
#AusPol #Woodside #sociallicense
November 21, 2024 at 11:19 AM Everybody can reply
2 reposts 1 quotes 4 likes
Updating the investment mandate of the #FutureFund should have been down sooner, but is very welcome in addressing the crisis in housing, infrustracture, renewables and climate.
#ClimateCrisis
November 22, 2024 at 5:40 AM Everybody can reply
1 likes
In its most recent (30 June 24) stock portfolio holdings report the #FutureFund held 7,908,556 shares in NVIDIA Corp. If that number is unchanged then last night we took a hit of about AUD$300M on that one stock. Just saying! #auspol
Nvidia erases $1 trillion in value in DeepSeek rout
The chipmaker, the poster child of the AI frenzy, sank 18 per cent in the biggest market-cap loss for a single stock in history.
www.afr.com
January 28, 2025 at 5:12 AM Everybody can reply
18 reposts 2 quotes 33 likes
#Albo - Gov should offer Annuity payments from the pool of capital created by annuity purchased by retirees managed by #FutureFund. In addition, gov should establish a separate agency to provide financial advice to retirees & those people contemplating retirement. I like this idea #Auspol
Michael Keating:

"...an opportunity for a major new policy initiative by the Albanese Govt to significantly improve the retirement incomes of many Australians. Furthermore, it will cost nothing. It just makes better use of retirees’ superannuation savings." #auspol

johnmenadue.com/reforms-are-...
Reforms are needed to ensure an adequate retirement income - Pearls and Irritations
Australians now have access to significant superannuation balances. Reforms are needed to provide better access to a superannuation pension.
johnmenadue.com
January 24, 2025 at 10:29 PM Everybody can reply
3 likes
Tories contining to rip the taxpayer off, except for Sunak's wife it seems.

'The fund also invested nearly £2m in companies linked to Sunak’s wife, Akshata Murty.'

#ToxicTories #Corruption #FutureFund
British taxpayers lose £400m as result of investment fund set up by Sunak
Report shows 334 companies backed by Future Fund, set up in May 2020 by then chancellor, have since gone under
www.theguardian.com
September 18, 2025 at 12:43 PM Everybody can reply
2 reposts 2 likes
The priorities of the #FutureFund should include broader national interest, as well as financial interest/profit!
#Insiders #auspol
November 23, 2024 at 10:50 PM Everybody can reply
1 likes
The purpose of the #FutureFund is to benefit the Australian community. You’d think making investment decisions that both builds the Fund’s capital and invests in housing, infrastructure, renewables and other community benefits would be uncontroversial, wouldn’t you?
#auspol
November 21, 2024 at 6:02 AM Everybody can reply
New analysis has found the British Business Bank’s Future Fund boosted firms' prospects, despite reports of hundreds of supported businesses later collapsing, losing millions in taxpayer cash.

www.digit.fyi/future-fund-...
#tech #funding #covid #startups #FutureFund
Covid Era Future Fund Claims Growth, But at Steep Cost to Taxpayers
Analysis has found the British Business Bank’s Future Fund boosted firms propects, despite hundreds of supported businesses later collapsing.
www.digit.fyi
September 9, 2025 at 12:15 PM Everybody can reply
Policies from over decade ago are NOT sacrosanct, no matter who brought them in. Costello is yesterday's stale bread, dry & unpalatable & irrelevant. Housing is a national crisis so at least use the interest earned to help solve it.

#auspol #HousingCrisis #FutureFund
www.abc.net.au/news/2024-11...
Government directs $230 billion Future Fund to invest in housing and green energy
Australia's $230 billion sovereign wealth fund would retain its focus on making a return, and the government has pledged not to draw down on it for eight years.
www.abc.net.au
November 20, 2024 at 8:53 PM Everybody can reply
2 reposts 7 likes
A question on #NewCraftsmen #FutureFund tabled by Dame Siobhain McDonagh on 12-01-2024 has been answered by Kevin Hollinrake. https://questions-statements.parliament.uk/written-questions/detail/2024-01-12/9314
January 19, 2024 at 3:50 PM Everybody can reply
Anyone remember when @AngusTaylorMP facilitated the redirection of Climate Solutions Funds to fossil fuel friendly projects?
Now dishonestly accuses @JEChalmers of raiding the #FutureFund for “pet projects”.
reneweconomy.com.au/morrison-to-...
Morrison to redirect climate funds to carbon capture and big emitters
Secretive “King Review” into emissions policies released, with the Morrison government to funnel climate funds into carbon capture and big emitters.
reneweconomy.com.au
November 21, 2024 at 9:06 AM Everybody can reply
2/. Look for our post tomorrow (Saturday 23rd Nov) with linked video taking down Paul Murray and his misleading rant on the #FutureFund — It’s amazing to see how they actually do it and spin the narrative — Be aware of their trickery!
Is it any wonder #Cookers spew provably wrong piffle when their source is PAUL MURRAY on Sky News? Last night he ranted on about the #futurefund, with editing that wasn’t a lie but spun #misinformation. Watch tomorrow as we pull Paul's 'facts' apart and send cookers back to the dunce corner.
November 22, 2024 at 8:10 AM Everybody can reply
4 reposts 5 likes