The opposition is pursuing a clear strategy of trying to scare investors away from anything to do with renewables. And some others are joining in.
Future fund
Gottliebsen: Murray’s key to a super future
David Murray has the chance tomorrow to again put his stamp on Australian superannuation fund savings and the Australian sharemarket, Robert Gottliebsen.
Kohler: stranded at super’s ground zero
The aim of retirement incomes policy in Australia for two decades has been to shift the burden of risk to individuals before the next big bear market hit. It worked quite nicely.
David Murray takes on the fiscal consensus
Despite widespread agreement that the government doesn’t need to return to surplus next year, one figure wants us to go harder and faster.
A sovereign wealth fund should be a core climate change strategy
The reality that the world faces a significant temperature rise no matter what Australia does should drive the establishment of a sovereign wealth fund.
Future Fund hedging into US markets
Despite the grim economic outlook of many American markets, the Future Fund invested billions into US hedge funds last year. The fund lost around 1 percent between March and June, bringing its asset pool to around $67 billion.
A love letter to my ‘mate’ Nick Minchin
Sinologist-at-large Graeme Smith reports from behind the Q&A scenes. Nick Minchin said they were “mates”, then it all went sour…
Abbott’s parental leave scheme takes aim at … his own party base
It’s not the Liberal Party’s big corporate donors that are the real target of Tony Abbott’s paid parental leave proposal — it’s the party base membership.
Crikey Says: Rudd leads the nation, not the ALP
The Coalition should give up — its best and brightest have left politics and now work for Kevin Rudd. And Rudd’s power as national leader now looks unassailable.
Coorey: Another day, another job for old Lib enemies
So, Kevin Rudd has continued his tradition of giving plum roles to former foes by handing Peter Costello a spot on the Future Fund board. It paints him as bipartisan, but it’s also a bit hypocritical, writes Phillip Coorey.
Oz Post and Medibank the cream of the public sector earners
The high salary earners of the public sector are streets ahead of the best paid politicians, write Bernard Keane and Crikey intern Emily Finlay.
The remarkable remuneration of Suncorp’s John Mulcahy
Why is outgoing Suncorp CEO John Mulcahy still on the board of the Future Fund? Asks Bernard Keane.
Bligh singing from Kirner’s debt sheet
The parallels between the tanking Queensland economy and Victoria’s in the dark days of the early 1990s are striking, says Stephen Mayne.
The Future Fund — why they can’t just give it back
Let’s accept that, as good “fiscal conservatives”, the government cannot just “give this money back”. Then how are they going to spend it? Writes Peter Saunders.
Solving Swan’s $100b super liability discrepancy
In all the budget coverage so far, where is the story on the blowout in super liabilities, asks Stephen Mayne?
Another tick for Costello financial management. Not
Market talk says that the Future Fund has dropped close to $10 billion amid the recent turmoil. Is Peter Costello to blame? Christian Kerr investigates.
Yet another Future Fund accounting rort from Cossie
The Future Fund is already being obsessively secretive about its activities as we still don’t know exactly how much of its $50 billion-plus in cash has been deployed and in what asset classes, writes Stephen Mayne.
