The Labor government has directed the Future Fund to consider investments in housing, infrastructure, and green energy.
The Future Fund is now worth $230 billion and was created to ease the government’s reliance on taxpayers.
The call comes after the Australian treasurer appointed former union secretary Greg Combet to lead the $200 billion sovereign wealth fund.
‘No Australian would want their taxpayer dollars or retirement savings to be inadvertently funding national security threats,’ said Senator James Paterson.