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Future Fund investments must be subject to FOI laws

The Federal Government has comprehensively failed to make the case for trying to exempt the Future Fund’s investments from Freedom of Information laws.

“We need far greater scrutiny of the Future Fund’s investment decisions, not less,” Greens Economic Justice Spokesperson Senator McKim said.

“It is through the Freedom of Information scheme that we learned of the Future Fund’s $3.2 million investment in Adani Ports.”

”The Government has completely failed to justify this exemption, and it is clearly trying to keep the investments away from public scrutiny.”

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Future Fund must divest from Adani

The Future Fund must divest the $3 million it has put into a railway for the climate-destroying Adani coal mine, the Greens say.

Greens Economic Justice Spokesperson Senator Nick McKim said.

"This is public money and should be invested for the public good."

"Having already ruled out investing in tobacco products, the Future Fund must urgently get out of fossil fuels."

"This is a bad investment financially, morally and environmentally. To use public funds to cook the planet is an extraordinary error of judgement."

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