Tag: Future Fund

Future Fund lifts stake in CDC Data Centres by $1.8bn

Posted on   |  by Justin Hendry
Australia’s sovereign wealth fund has boosted its stake in Canberra Data Centres, the largest provider of data centre services to the federal government, in a transaction that values the...

Future Fund mandate targets under-investment in net zero

Posted on   |  by Brandon How
Treasurer Jim Chalmers says changes to Australia’s $230 billion sovereign wealth fund will help plug a gap in funding for green projects amid the country’s transition to net zero....

New committees to steer medical research funds

Posted on   |  by Brandon How
The funding strategies of the federal government’s flagship health and medical research funds, which collectively award more than $1.5 billion in grants every year, are set to become more...

Future Fund embarks on its own ERP upgrade

Posted on   |  by Joseph Brookes
The back-end system at the Future Fund will be upgraded over the next three years to a Workday platform, with the agency avoiding the government’s $345 million shared SAP...

NSW sets up state ‘future fund’

Posted on   |  by James Riley
The NSW government has announced the NSW Generations Fund (NGF), a world-first sovereign wealth fund designed to help the government maintain long-term sustainable debt levels consistent with a triple-A...

VC: Future Fund must do more

Posted on   |  by James Riley
While the federal opposition has welcomed the investment of Future Fund money into local VC firm Blackbird, shadow digital economy spokesman Ed Husic says Labor will be watching closely...

Future Fund: “It’s about time”

Posted on   |  by James Riley
The nation’s sovereign wealth fund has backed an Australian venture capital fund for the first time, in a move that could open the floodgates for the local tech and...