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.

Naziya Alvi Rahman
Naziya Alvi Rahman
Author
Naziya Alvi Rahman is a Canberra-based journalist who covers political issues in Australia. She can be reached at [email protected].