November
RBA underestimating risk of recession
Readers’ letters on interest rates; Future Fund investments; a fix for capital gains tax; the response to COVID-19; the influence of founders; data-driven investing; and the ghosts of Christmases past.
- Opinion
- Opinion
False Future Fund claims are not in the country’s interest
Contrary to incorrect commentary, the new investment mandate to have regard for three priorities is consistent with the longstanding purpose to contribute to the nation.
- Greg Combet
- Opinion
- Superannuation
The country’s big super funds are preparing to hit global risk limits
As they grow, funds have no choice but to send more of their member capital offshore. But that comes with challenges that they may simply be unable to manage.
- Jonathan Shapiro
Future Fund not immune to change
Readers’ letters on the Future Fund’s shifting priorities, superannuation and insurance, the proposed social media ban for children and the Victorian economy under Jacinta Allan
- Analysis
- Analysis
Chalmers’ chance: where national and financial interests collide
The Treasurer has a vision to unite the financial interests of investors with the national interest. There are roadblocks and risks.
- Jonathan Shapiro
Future Fund fracas | Rio Tinto’s battle of the sexes | Market hype
This week the furore over the Future Fund, the backlash over Rio Tinto’s attempt to enshrine workplace equality, and are sharemarkets dangerously bullish.
Chalmers’ Future Fund changes may break law: Murray
The treasurer insists his changes to the Future Fund’s mandate are legal, but former chairman David Murray says the new directive appears to breach the law.
- Michael Read
- Updated
- Investing
Costello warns politicising Future Fund will lose money
Changes to the $230 billion savings account could see it reduced to a political slush fund, the former treasurer and chairman has warned.
- Updated
- John Kehoe
- Opinion
- Peter Costello
‘I would not have agreed to Future Fund shift’
With $230 billion to come into play, expect a long line of rent-seekers to form a queue, says former treasurer and Future Fund founder Peter Costello.
- Peter Costello
- Opinion
- Big four
Chalmers sells intervention as economic salve
The US may have a different culture, but its politics still provide a recent lesson in the electoral risks of rural voters feeling ignored by governments or left out of services.
- Jennifer Hewett
- Analysis
- Jim Chalmers
‘Like bears to a honey-pot’: how the Future Fund got political
Treasurer Jim Chalmers’ planned changes to the nation’s $230 billion savings account might be unfinished business for Labor.
- Tom McIlroy
- Analysis
- Analysis
The Future Fund has been told to buy Australia. It already does
The $230 billion sovereign wealth fund already invests in areas of national priority. Is the treasurer engaging in needless posturing?
- Jonathan Shapiro
Future Fund changes show disdain for taxpayers
Readers’ letters on Jim Chalmers’ changes to the Future Fund, Donald Trump’s cabinet picks and the Mineral Resources scandal
- Opinion
- Chanticleer
Future Fund CEO’s great fear has arrived at his doorstep
For the past few years, Raphael Arndt has warned about the dangers posed to investors by government intervention. Now he’s getting real-life experience.
- James Thomson
Future Fund fight; Di Pilla’s big IPO looms; Nvidia discomfort
Read everything that’s happened in the news so far today.
- Opinion
- Pension
Hands off, the Future Fund is not a political slush pool
Treasurer Jim Chalmers’ plan means that a cornerstone of Australia’s financial security is suddenly viewed as a mere piggy bank for the latest government whim.
- Spiro Premetis
- Opinion
- Jim Chalmers
Future Fund investment shake-up comes with risks
Jim Chalmers insists Labor is making only a subtle change to the sovereign wealth fund’s investment mandate. But it could be a slippery slope.
- John Kehoe
Chalmers directs Future Fund to invest in housing and renewables
The treasurer has directed the country’s sovereign wealth fund to prioritise investments in housing, renewable energy and infrastructure.
- Tom McIlroy and Michael Read
Future Fund bets on US economy, warns of inflation return
CEO Raphael Arndt says the US economy is an attractive investment but Donald Trump’s policies and geopolitical risks could see the return of inflation.
- Cecile Lefort
Australian Retirement Trust eyes stake in $16b CDC Data Centres
It comes two months after ART sold its 7 per cent stake in AirTrunk into the Blackstone bid, booking a $1 billion exit off a $300 million investment.
- Sarah Thompson, Kanika Sood and Emma Rapaport