The $196 billion Future Fund is bracing for more volatility on global markets and has predicted interest rates have further to rise.
The Parliamentary Budget Office warned on Wednesday that Victoria would struggle to cope with future economic shocks while paying down debt moves further into the future.
Future Fund chairman Peter Costello says central banks were too slow to raise interest rates - and borrowers would pay the price.
Brickworks is spinning off 15 key manufacturing assets into a jointly run fund with industrial behemoth Goodman Group.
The former federal treasurer and Future Fund chair has warned investors to brace for lower returns for longer,as inflation and higher interest rates create market volatility and uncertainty.
Peter Costello has thrown his support behind a review of the RBA’s functions after criticising its policy to maintain the cash rate at historic lows until 2024.
Westpac director Steven Harker says he used a Samoan superannuation fund set up by one of the firms at the centre of an investigative journalism sting to avoid paying more tax than necessary.
Future Fund chairman Peter Costello says investors need to think about how their portfolios would deal with higher inflation.
Telstra has sold 49 per cent of its tower business - InfraCo Towers - to a consortium of superannuation funds,flagging a bonanza for its shareholders.
The Future Fund,overseeing $226 billion in savings,will get an 80 per cent increase in staff as it faces a more difficult investment world.
Treasurer Josh Frydenberg has picked a fight with proxy advisers,which the government believes need greater regulation given their influence on Australia’s biggest companies.