Issue 2010 August 07
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ECONOMIC AFFAIRS: A future fund to secure Australia’s prosperity
The Commonwealth Government future fund should become a major sovereign wealth fund, used to ensure that resource industries remain in Australian hands and as a source of lending to business in the event of a major credit squeeze.In the wake of the global financial crisis (GFC), Europe and the United States are currently suffering what Nobel Prize-winning economist Paul Krugman describes as being…
