The Western Australian Future Fund: A Solution in Search of a Problem
I have an op-ed in today’s West Australian making the case against the proposed Western Australian Future Fund. As I note in the article, the WA Future Fund nonetheless improves on the federal model by avoiding the establishment of an expensive new funds management operation that duplicates existing capabilities. The federal Future Fund incurred expenses of $444m in 2010-11.
posted on 21 May 2012 by skirchner in Commodity Prices, Economics, Fiscal Policy
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