The NSW government’s $113 billion funds management agency will be restructured and its money management strategy overhauled in the state’s budget on Tuesday.
The Australian Financial Review has learnt that TCorp will consolidate six separate government investment funds and its investment management approach will face a broader shake-up.
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John Kehoe is economics editor at Parliament House, Canberra. He writes on economics, politics and business. John was Washington correspondent covering Donald Trump’s first election. He joined the Financial Review in 2008 from Treasury. Connect with John on Twitter. Email John at jkehoe@afr.com
