Investment Funds
A number of investment/financial asset Funds have been established by the Australian Government.
These include:
New Funds
The Government announced as part of the 2008-09 Budget, on 13 May 2008, that it will establish three new nation building Funds; the Building Australia Fund, the Education Investment Fund and the Health and Hospitals Fund.
The Government will initially allocate around $40 billion to these Funds including from the 2007-08 and 2008-09 budget surpluses, once realised.
The investments of the new Funds will be managed by the Future Fund Board of Guardians.
The Funds are to be established by 1 January 2009.
Contact
Department of Finance and Deregulation
Funds Branch
Ph: 02 6215 2092
Email: FundsBranch@finance.gov.au
Links
The Future Fund Board of Guardians
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Contact for information on this page: FundsBranch@finance.gov.au