The Future Fund is Australia's rainy day fund. It has now become a political football
The Future Fund is Australia's rainy day fund. It has now... #australia #auspol #futurefundhttps://www.abc.net.au/news/2024-11-21/what-is-the-future-fund-and-what-is-changing/104630448
@andyjennings @feather1952 #Norway #GPFG generates far more funds primarily due to the scale and effective management of its substantial #oil and #gas revenues, coupled with a robust global investment strategy. Australia’s #FutureFund, although well-managed and diversified, operates on a smaller scale and has broader funding sources, resulting in relatively LOWER FUND generation compared to Norway’s GPFG.
$1.4Trillion v $120 billion
#Sunak’s #Covid19 startup fund invested nearly £2m in firms linked to his wife
Four businesses linked to #AkshataMurty revealed to have received #investment from much-criticised #FutureFund
https://www.theguardian.com/politics/2023/oct/19/sunaks-covid-startup-fund-invested-nearly-2m-in-firms-linked-to-his-wife
#ToryPoliciesInAction #ToryCorruption
‘A naive and stupid idea’: how #RishiSunak’s #FutureFund spent millions on failed firms -
The then chancellor’s loan scheme, set up as #COVID19 hit, was supposed to keep dynamic startups going, but ended up giving #taxpayer cash to long-established or #LameDuck businesses
https://www.theguardian.com/business/2023/apr/15/a-naive-and-stupid-idea-how-rishi-sunaks-future-fund-spent-millions-on-failed-firms
#FishyRishi #ToryPoliciesInAction #ToryIncompetence #ToryCorruption
Adani stock rout leaves tens of millions in Australian retirement savings exposed
Fraud allegations send Indian conglomerate’s share prices plunging but super funds contend exposure is limited due to diversification of holdings.
#AdaniGroup #australia #queensland #CommonwealthBank #CBA #FutureFund #adani #CorporateFraud #BJP #NarendraModi #business #industry #stocks #india
Mystery AI Hype Theater 3000 Episode 5: Sam Bankman-Fried's Future Fund and Fresh AI Hell
Where @alex and I take apart a ridiculous "Change my mind" essay contest from the longtermists, just days before their funding went POOF!
https://videos.trom.tf/w/p/4gykGcMrmHHs7bG2Y6qK9W?playlistPosition=5
MacAskill and other members of the Future Fund (which will be familiar to readers of What We Owe To The Future and EA world generally) resign after collapse of FTX.
Learned of this from Teddy Schleifer on the bird place.
MHLoppy
Mojo ♻️
SubtleBlade ⚔️
HeresPlanB
IndiaNewsWatch
Ekin Deligöz
Prof. Emily M. Bender(she/her)
Alex Bryant
Rik