Future Fund head exits on top with 14.8 per cent return Strong global equity markets, a focus on active management and low exposure to bonds has lifted Australia's sovereign wealth fund to more than $289 billion. AAP · Aug 26
Weapon-maker investments stoke warnings for Future Fund Australia has been urged to adjust its sovereign wealth fund after hefty investments in weapons companies and banks involved in illegal Israeli settlements. AAP · May 7
Future Fund set to join tech-related jobs cull Australia's sovereign wealth fund will shave as much as $15 million in costs and review 10 staff roles as it reaps the benefits of improved technology. AAP · Apr 14
Future Fund spent $20,000 to send CEO’s executive assistant on business class trip to scope hotels in US Government also reveals it spent nearly $100,000 sending minister Anika Wells and two others to US during UN general assembly The Guardian - AU · Dec 3, 2025
TSLA Stock Experiencing Boost Due To These 2 Factors, Says Gary Black Gary Black, Managing Partner of The Future Fund, outlined the two main factors giving the Tesla Inc. (NASDAQ:TSLA) stock a boost. Benzinga · Nov 2, 2025
Musk's $1 Trillion Pay Package Faces 'Near Zero Chance' Of Rejection, Says Gary Black — Investors Should Approve Or 'Lose The Vision,' Says Tom Nash Gary Black, managing partner at The Future Fund, believes Tesla Inc. (NASDAQ:TSLA) shareholders are overwhelmingly likely to approve CEO Elon Musk's proposed, nearly $1 trillion pay package at the upcoming November 6 meeting. Benzinga · Oct 28, 2025
Australia’s Future Fund discloses huge profits from weapons manufacturers despite fierce criticisms of support for industry Value of shares in eight companies rockets amid sharpest increase in military spend since cold war The Guardian - AU · Sep 29, 2025
Taxpayers lose £400m as result of investment fund set up by Rishi Sunak Report shows 334 companies backed by Future Fund, set up in May 2020 by then chancellor, have since gone under The Guardian - UK · Sep 18, 2025
Future Fund eclipses $250b after bumper return Australia's sovereign wealth fund has delivered a strong result for financial year 2025, despite significant global economic turmoil. AAP · Sep 9, 2025
Gary Black Warns Tesla Q2 Deliveries Will 'Disappoint' — Says Cheaper Models Could Cannibalize Sales And See Ideal Re-Entry 22% Below Current Levels Investor Gary Black, the founder of The Future Fund, has issued a cautious outlook on Tesla Inc.’s (NASDAQ:TSLA) upcoming second-quarter deliveries, saying that the EV giant is likely to miss estimates. Benzinga · Jun 30, 2025
Trump speeds Future Fund's retreat from US markets Chair Greg Combet says Australia's Future Fund must diversify its portfolio, including with investments in domestic data centres, to insure against volatility. AAP · Jun 17, 2025
Market turmoil could stoke inflation: Future Fund The Future Fund has outperformed the broader market and its own target but its managers warn market uncertainty could lift bond yields and reignite inflation. AAP · May 6, 2025
US investments boost Australia's sovereign wealth fund Strength in US shares has helped Australia's sovereign wealth fund deliver a bumper 12.2 per cent return in 2024, exceeding its 6.4 per cent growth mandate. AAP · Feb 4, 2025
Tesla Bull Gary Black Says Cybercab Won't See An Early Roll Out, Expects A Cheaper Compact Car Under $30K To Launch In First Half Of 2025 Gary Black of The Future Fund LLC confirmed that Tesla's Cybercab won't launch until 2026, dismissing early rollout rumors, while highlighting the company's focus on a $30K EV slated for 2025. Benzinga · Nov 30, 2024
The Conversation · Nov 25, 2024 Deloitte predicts December budget update will show bottom line has worsened since May, in fiscal ‘thud’ Next month’s update of the federal budget will forecast a bigger deficit for 2024-25 than was predicted in the May budget, according to the Deloitte Access Economics’ Budget Monitor, released on Tuesday.
The Guardian - AU · Nov 22, 2024 The fierce reaction to Australia’s new Future Fund mandate is a throwback to a bygone era Peter Costello and John Howard should note that sovereign wealth funds now typically consider national policy objectives in their decisions
The Conversation · Nov 22, 2024 Is using the Future Fund for housing, energy and infrastructure really ‘raiding Australia’s nest egg’? Australia has a seriously big “nest egg”. The Future Fund – our sovereign wealth fund set up in 2006 – now manages about $230 billion.
AAP · Nov 20, 2024 Coalition vows to overturn extra Future Fund priorities Adding clean energy and housing as supplementary investment priorities for Australia's sovereign wealth fund has drawn sharp rebuke from the opposition.
The Guardian - AU · Nov 20, 2024 Australia’s Future Fund to invest in housing, infrastructure and energy transition under new mandate Sovereign wealth fund’s statement of expectations will be updated for the first time in 15 years
The Conversation · Nov 20, 2024 Australia’s $230 billion Future Fund encouraged to invest in housing, energy transition, infrastructure The Albanese government has rewritten the mandate of the Future Fund – the nation’s sovereign wealth fund – to urge it to direct investment into the “national priorities” of housing, the energy transition and infrastructure, where the risk and returns are acceptable.
The Conversation · Oct 15, 2024 Winston Peters’ $100 billion infrastructure fund is the right idea. Politics-as-usual is the problem New Zealand’s infrastructure woes are a constant political pain point. From ageing water systems to congested roads and assets increasingly threatened by climate change, the country faces mammoth upgrading and future-proofing challenges.
The Independent UK · Sep 1, 2024 Crispin Blunt’s drug policy unit loses thousands of taxpayer money The CDPRG aimed to allow access to cannabis-based medical products and reform wider drug policy following the “current failure of prohibition”.
Evening Standard · Apr 4, 2024 Was the Future Fund a failure? It's too early to tell City Voices: With close to 700 companies in which the fund now holds shares, it only takes one to have made the whole thing a success
AAP · Jan 28, 2024 Changing of the guard at Future Fund puts Combet at top Former ACTU leader and Labor minister Greg Combet is the new chair of Australia's sovereign wealth fund, replacing Liberal stalwart Peter Costello.
Fortune · Nov 20, 2023 How Elon Musk’s solar ambitions fell back to earth The revolutionary "solar roof" is one of Musk's best products. How come nobody's buying it?