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Australia’s Sovereign Wealth Fund Instructed to Target Housing, Climate Change

Summary by The Epoch Times
The Albanese Labor government has turned to the Future Fund in its latest bid to address the housing crisis and climate change action. In an announcement on Nov. 21, Treasurer Jim Chalmers said the Fund would be directed to invest in housing, infrastructure, and the green energy transition only where profitable. The government will also provide medium-term certainty to the $230 billion fund by promising not to draw down on its holdings for at le…
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