Analysts Weigh Up Shifting Australia’s Sovereign Wealth Fund Towards Renewables, Housing

Labor Treasurer Jim Chalmer has directed the Future Fund to consider investing in green energy, infrastructure, and housing.
Analysts Weigh Up Shifting Australia’s Sovereign Wealth Fund Towards Renewables, Housing
Wind turbines seen at sunset in Albany, Western Australia, on Oct. 8, 2024. Susan Mortimer/The Epoch Times
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The Albanese government’s move to steer Australia’s sovereign wealth fund towards housing, infrastructure, and renewable energy has sparked debate among experts.

On Nov. 21, Labor Treasurer Jim Chalmers announced the new target “considerations” while mandating the investments must maintain the fund’s strong returns.