What has the government been doing since October to have come up with so little detail on its big idea, the Future Fund? Even on the limited information made available last night, the fund looks much less attractive than real tax reform. What if the investments return little and the fund faces a shortfall? The Treasurer’s hand will be in your pockets as quick as a flash: full story here.

By Glenn Dyer

It is going to be big, the largest single purpose fund in Australia. It should be above board, governance should be of the highest order and disclosure should be fully transparent and total. And no fee merchants or insiders. How the Future Fund should be run: full story here.