Future Fund
Region
Oceania
Country
Australia
Company Type
Project owner
Company description
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The 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 civil servants of the Australian Public Service. The fund's investment decisions are made at arm's length from the executive.
The stated aim of the fund is to hold A$140 billion by 2020; this figure would free up A$7 billion in superannuation payments each year from the federal budget.
General
The 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 civil servants of the Australian Public Service. The fund's investment decisions are made at arm's length from the executive.
The stated aim of the fund is to hold A$140 billion by 2020; this figure would free up A$7 billion in superannuation payments each year from the federal budget.
General
Company details
City:
Melbourne
Address:
Locked Bag 20010
Phone:
Website:
Participation in projects
Projects
Transactions
Projects as Project owner
All projects
Projects as Project owner per Country ()
Projects as Project owner per Subsector ()
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The company has not participated in any projects.
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Transactions as Project owner
All transactions
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List of the updates in which the company was involved
Company updates
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October 22, 2018
CPPIB interested in majority stake in London airport
Canada Pension Plan Investment Board (CPPIB) is reportedly part of a group of investors interested in acquiring Global Infrastructure Partners' (GIP) stake in London Gatwick Airport. GIP...
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July 27, 2018
Future Fund and PSP Investments to sell stakes in DP World
Public Sector Pension Investment Board (PSP Investments) and Future Fund are reportedly looking to sell their interests in port terminal operator DP World Australia. The Dubai-base...
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November 02, 2016
Port of Melbourne achieves financial closure
The Andrews Labor Government has achieved financial close on the lease of the Port of Melbourne for more than AUD9.7 billion (US$7.4 billion).
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