From wiki - "The Future Fund is an independently managed sovereign wealth fund established in 2006 to strengthen the Australian Government's long-term financial position by making provision for unfunded superannuation liabilities for politicians and other public servants"
Rusted on Labor voters who vote like their great grandfathers will vote for them again. Dumb as any Green voter. Liberals and National Party can go F themselves also.
From wiki - "The Future Fund is an independently managed sovereign wealth fund established in 2006 to strengthen the Australian Government's long-term financial position by making provision for unfunded superannuation liabilities for politicians and other public servants"
Just like the Victorian labour government using the credit card to prop up projects instead of u foreseen events. Financial vandalism. No conscience whatsoever,
don't let Albo get away with this one. Leave the Future Fund as is. Labor will only blow it all away with their stupid policies. Their record of keeping funds safe is not good.
They’re also running out of time The election isn’t far away and this arrogant WEF puppet Marxist Labor moron government is on borrowed time The sooner they’re kicked out the better
From wiki - "The Future Fund is an independently managed sovereign wealth fund established in 2006 to strengthen the Australian Government's long-term financial position by making provision for unfunded superannuation liabilities for politicians and other public servants"
The wheel's have fallen of unhinged out of control labor they're of the rails and heading for a cliff , the wall's are closing in , the bottom's fallen out , they're up the river without a paddle, they're done , finished , it's all over for labor .........
Like Biden just done firing made in America missiles to Russia very bright idea that was then he walks into the bloody Amazon couldn't even follow the path
And these people are never going to be held responsible for there actions. How did tbe rest of Parliment and the senate let this happen? Where are the checks and balances to protect Australians?
From wiki - "The Future Fund is an independently managed sovereign wealth fund established in 2006 to strengthen the Australian Government's long-term financial position by making provision for unfunded superannuation liabilities for politicians and other public servants"
From wiki - "The Future Fund is an independently managed sovereign wealth fund established in 2006 to strengthen the Australian Government's long-term financial position by making provision for unfunded superannuation liabilities for politicians and other public servants"
The wheel's have fallen of unhinged out of control labor they're of the rails and heading for a cliff , the wall's are closing in , the bottom's fallen out , they're up the river without a paddle, they're done , finished , it's all over for labor .........
Can ANYONE think of ANYTHING that Labor has done that is GOOD FOR AUSTRALIANS.??? Now they want to DIRECT where the "rescue fund" will be used when Labor has NO GOOD record of handling ANYTHING financial.
From wiki - "The Future Fund is an independently managed sovereign wealth fund established in 2006 to strengthen the Australian Government's long-term financial position by making provision for unfunded superannuation liabilities for politicians and other public servants"
From wiki - "The Future Fund is an independently managed sovereign wealth fund established in 2006 to strengthen the Australian Government's long-term financial position by making provision for unfunded superannuation liabilities for politicians and other public servants"
If renewable energy is so cost effective, many funds will invest in it. They don't need to force Future Fund to invest in it. Clearly nobody wants to invest in renewable energy projects.
@ ethical managed funds are to attract people who are ethically conscious. Often their returns on investments are not very good. Eg they can’t invest in casino or weapon producing company stocks
@ So, 20% is still 20%. That's pretty good ROI... my domestic shares went up 16.47% (before franking credits) and international 26.19%. That's a very lucrative investment
From wiki - "The Future Fund is an independently managed sovereign wealth fund established in 2006 to strengthen the Australian Government's long-term financial position by making provision for unfunded superannuation liabilities for politicians and other public servants"
News for you, it's not "our " future fund. All this fund does is pay retired Federal employees. Unless you worked as a Federal employee, including politicians, you won't get 1 cent of benefit from it.
@peterschmidt1453 We may not receive any money from this fund unless we are public servants, but if Labor get their grubby little mitts on it you can guarantee they'll blow it like a drunkards pay packet. Then taxes will have to rise to pay the bill !!!!
@@stephenkirton9921 I don't disagree, but the name of the fund is deliberately ambiguous, it should be Federal Employee Super Fund, Future Fund wrongly implies we are all going to benefit from future investments which is false. Telstra, a 100 year old public entity serving all Australians was sold to benefit only the chosen few, the fund name should truthfully state that.
Jim Chalmers and Labor were never happy with the successful CostelloFuture Fund, they were determined to use it as a finance vehicle for ideological projects
Labour just tried to destroy their Union mates, they swapped their votes for the Green and Woke crowd, but that means they lose the donations from the union controlled Industry Super funds. Taking control of the Federal worker super fund to fund their whims, and likely donate to the Labor party, is their new strategy, IMO.
And "backhanders" to their mates who obviously will reward the Labor thieves with a "bit of a drink". As Ray Hadley would say "it's not a rort if you're in on it"😊
This is Labor!… “That’s what we do”. If you’re stupid enough to invest in Labor’s past and still believe Labor will have some “eventual” benefit… (then let the recourse of democracy play out until they finally have an epiphany). Sadly it won’t be soon enough, but if the CFMEU can turn their backs on Labor overnight… that has to tell you something about the corruption from within!!!
Dutton is just as bad..have you forgotten him during the plandemic??? He and Morrison were the instigators of the censorship bill,he wants immigration to stay the way it is...vote One Nation..stay away from Labor,liberal,greens and teals..they're all tarred with the same brush
Am surprised Albo didn't do this theft from the future fund when he gave his commy mate the control. We are in so much debt.... Albo must go urgently. Lovely dress 👗
The Future Fund should be run by a completely independent board not be controlled by any party in government, it was set up so that it could not be raided by any government in at the time and that is how it should remain, Labour couldn't run a tuck shop budget
Listening to this editorial by Peta, the ALP will never be good economic managers and sadly, the full extent of their mis-management is slowly coming out. How dare the Treasurer plays with the Future Fund to help it get out of trouble. Australian voters need to decide whether we go for a new government or continue down the path of destruction. Energy costs continue to worsen, the government remains intent on mass populating Australia and state governments unable to cope with problems that are being created by Canberra. The ALP has never been any good with finances other than when Hawke and Howard were in control. Didn't the Coalition under Costello pay off the national debt created by the ALP over a 10 year period. Chalmers learnt from his former boss, Wayne Swan who too was a hopeless treasurer. Stuff we the people, we will do what we want even though we don't have the brains to do the right thing.
Govt’s need a complete reform, more safety’s & watchdogs to stop this treasonous rot. Too much corruption & snouts in the trough. We need a Trump approach with no more WEF, UN, EU, WHO Paris Accord, Climate Change & Net Zero BS. Woke Albo & Labor liars are destroying Australia on purpose, they hate you.
Reshaping Capitalism sure looks like rebirthing communism.
*VOTE LIBS-NATS and sack the LIEbor commie bastards*
How did you get that past the censor... *Well said.*
Exactly 👍🏻
*VOTE LIBS-NATS*
N.W.O. You will own nothing and be happy.
Worse government of all time.
Most treacherous also..
Absolute worst
These are outright thieves.
From wiki - "The Future Fund is an independently managed sovereign wealth fund established in 2006 to strengthen the Australian Government's long-term financial position by making provision for unfunded superannuation liabilities for politicians and other public servants"
Pretty much 😢
In other words they're desperate and in typical Labor fashion they're going to rob Australian tax payers.
Rusted on Labor voters who vote like their great grandfathers will vote for them again.
Dumb as any Green voter.
Liberals and National Party can go F themselves also.
From wiki - "The Future Fund is an independently managed sovereign wealth fund established in 2006 to strengthen the Australian Government's long-term financial position by making provision for unfunded superannuation liabilities for politicians and other public servants"
Just like the Victorian labour government using the credit card to prop up projects instead of u foreseen events. Financial vandalism. No conscience whatsoever,
Bingo. You win 🏆
Have to agree, I smell a plan for an election that’s been called out.
More money for promises pre election that they won’t keep 🥴
Just when I thought I couldn’t despise Labor any more…
This is a total disgrace
Letting Albanese near this Vital Future Fund would be a Monumental Mistake,
Bring on the next election please & vote these thieves out of government. Wake up Australia.
Vote labor out 2025
not Liberal either
Need to go now
don't let Albo get away with this one. Leave the Future Fund as is. Labor will only blow it all away with their stupid policies. Their record of keeping funds safe is not good.
This government is running out of money, that's why they are doing this! Albo and his clown show have to go! 🤡💩
Yep👏👍
On one hand they talk about surplus on the other raiding such funds. What's is actually going on?
C@@MDZzzzz... I was thinking the same
Bunch of mongrels 👎
They’re also running out of time
The election isn’t far away and this arrogant WEF puppet Marxist Labor moron government is on borrowed time
The sooner they’re kicked out the better
Labor can’t get their hands on it fast enough. They also think super funds are theirs for the taking.
I was pretty sure I couldn't be the only one who's thought this for years.
Unions already have one hand on it.
From wiki - "The Future Fund is an independently managed sovereign wealth fund established in 2006 to strengthen the Australian Government's long-term financial position by making provision for unfunded superannuation liabilities for politicians and other public servants"
@@caveyful blah blah blah, stop being a dog's body.
The wheel's have fallen of unhinged out of control labor they're of the rails and heading for a cliff , the wall's are closing in , the bottom's fallen out , they're up the river without a paddle, they're done , finished , it's all over for labor .........
Good grief. We have 6 more months of this government. What massive damage will they inflict on us before they are kicked out.
Like Biden just done firing made in America missiles to Russia very bright idea that was then he walks into the bloody Amazon couldn't even follow the path
Absolutely despicable.
Does Labor ever have decent proposals? NO, Mr Costello is spot on
Reinforcing the Communism concept.
Yes. Your money is my money mentality..
Some will be more equal than others.
And these people are never going to be held responsible for there actions. How did tbe rest of Parliment and the senate let this happen? Where are the checks and balances to protect Australians?
They have argued against it, we were in Parliament today listening to it, Holly Hughes was amazing
There are NON. THEY HAVE LEGISLATED IT ALL AWAY.
ZER0 CONSEQUENCES
This must change for the benefit of all. Severe penalties and criminal charges must be imposed, there must be no exceptions.
All of labor are criminals they should be jail for steeling from the taxs payer
Once they get their grubby little hands on that it's gone.
From wiki - "The Future Fund is an independently managed sovereign wealth fund established in 2006 to strengthen the Australian Government's long-term financial position by making provision for unfunded superannuation liabilities for politicians and other public servants"
Labor has got to go!
In other words.. they're going to take money from anywhere they can to pay for they're fantasy green dream.
From wiki - "The Future Fund is an independently managed sovereign wealth fund established in 2006 to strengthen the Australian Government's long-term financial position by making provision for unfunded superannuation liabilities for politicians and other public servants"
But who is getting rich off the green dream?
@@russellcullen9913 Landowners who sell/lease to windfarms - polies themselves and their mates.
China, that's who@@russellcullen9913
The wheel's have fallen of unhinged out of control labor they're of the rails and heading for a cliff , the wall's are closing in , the bottom's fallen out , they're up the river without a paddle, they're done , finished , it's all over for labor .........
Disgraceful
Labor will take from any fund to prop up their fiscal failures they are rotten to the core
Go back to primary school Jim, you need an education.
In arithmetic.
@@Mortimus1000 Grade one, the lot.....
Disgusting, so now Labor want to use that fund to pay for their stupid choices!
Shame. This government needs to go!
Can ANYONE think of ANYTHING that Labor has done that is GOOD FOR AUSTRALIANS.??? Now they want to DIRECT where the "rescue fund" will be used when Labor has NO GOOD record of handling ANYTHING financial.
No not a bloody thing.
Dutton isn’t any better either.
Going to have to vote outside of these clowns
Nup zip Nada zilch 😡
Yes. Exposing themselves as CCP agent's I guess 😅
@@paulfri1569and puppets of the New World Order
Criminal
Labor, runs out of ideas when they run out of other people's money.
So in other words they're stealing the money for themselves
Labor are crooks!
Communists are deep down..
So are the libs. Vote one nation
100% correct!!!
The Bankruptcy Train is now Totally out of control. The end of the rail is not far away.
Labor loves other peoples money!
From wiki - "The Future Fund is an independently managed sovereign wealth fund established in 2006 to strengthen the Australian Government's long-term financial position by making provision for unfunded superannuation liabilities for politicians and other public servants"
Government can only give to someone what it has already taken from someone else.
Wasting more money on their green dream.
So they are going to blow the lot!!!😮
From wiki - "The Future Fund is an independently managed sovereign wealth fund established in 2006 to strengthen the Australian Government's long-term financial position by making provision for unfunded superannuation liabilities for politicians and other public servants"
Spending 💰 for Red Chinese firms and projects..
@@caveyful Give it a rest. You posted this like 6 times.
@@robertwelch-q7s Noted.
@@caveyful Yeah we know you don't have to tell us fifty times!!!
Can't kick them out soon enough
How can you fire these guys? Apparently impossible
If renewable energy is so cost effective, many funds will invest in it. They don't need to force Future Fund to invest in it. Clearly nobody wants to invest in renewable energy projects.
Turncoat has😂🤣😂
I can't understand why Ozzies keep voting Labor and Liberal
Vanguard has a very good ethically conscious ETF that's up 20% in the past year
@ ethical managed funds are to attract people who are ethically conscious. Often their returns on investments are not very good. Eg they can’t invest in casino or weapon producing company stocks
@
So, 20% is still 20%. That's pretty good ROI... my domestic shares went up 16.47% (before franking credits) and international 26.19%. That's a very lucrative investment
Is there anything this mob can touch and it doesn’t turn into ….
Gee, none of us saw this coming. /facepalm.
This is what re shaping capitalism looks like aye Jim?
From wiki - "The Future Fund is an independently managed sovereign wealth fund established in 2006 to strengthen the Australian Government's long-term financial position by making provision for unfunded superannuation liabilities for politicians and other public servants"
@@caveyful what's your point? If you don't know what my comment refers to, you don't follow politics.
@@JoshOsRocks Just saying I agree with u, thats all
Name 1 good thing Albo has done as PM. Can't think of anything. And attending the Mardi Gras for his 35th time doesn't count.
Goes to Mardi Gras to dance with Alan Joyce in their satin g strings
Well he is good at selling seafood Crayfish that is..
He met his special friend Alan Joyce while at the Mardi Gras 🌈
There is no way they should be using any of that money for green projects.
But I thought they had delivered two massive surpluses??? Mmm 😏
Misinformation
Maybe they don't count the ever increasing gov debt
Shocking - how can Australians trust these people with our Future Fund?
You can't
News for you, it's not "our " future fund. All this fund does is pay retired Federal employees. Unless you worked as a Federal employee, including politicians, you won't get 1 cent of benefit from it.
@peterschmidt1453 We may not receive any money from this fund unless we are public servants, but if Labor get their grubby little mitts on it you can guarantee they'll blow it like a drunkards pay packet. Then taxes will have to rise to pay the bill !!!!
@@stephenkirton9921 I don't disagree, but the name of the fund is deliberately ambiguous, it should be Federal Employee Super Fund, Future Fund wrongly implies we are all going to benefit from future investments which is false. Telstra, a 100 year old public entity serving all Australians was sold to benefit only the chosen few, the fund name should truthfully state that.
When there's no accountability, rort like this will continue. Time to change the way our government runs.
It is becoming nigh on impossible (and exhausting) to keep up with the rorts and shenanigans of this pathetic lying government
This two party preference crap needs to be thrown out!
If Grim and Albo are so positive about their projects, let them raid their own superannuation to fund it, there is enough in there.
Can it be changed back when the LNP wins
There won't be anything left by then 😅
Well....who would know?
Nope! At least not without substantial losses. It’s the ole - how do you make a $million investment fund? A: give labor a $billion investment fund
Good one mate😅@@ACDZ123
It'll he all gone.
Chalmers, hard to know which quote sums it up best.
Either ‘like a thief in the night’ or ‘like a lizard’s tongue through the bars of a budgie cage’.
Jim Chalmers and Labor were never happy with the successful CostelloFuture Fund, they were determined to use it as a finance vehicle for ideological projects
Labour just tried to destroy their Union mates, they swapped their votes for the Green and Woke crowd, but that means they lose the donations from the union controlled Industry Super funds. Taking control of the Federal worker super fund to fund their whims, and likely donate to the Labor party, is their new strategy, IMO.
So pissed away basically 🤦♂️
Like a drunkards pay packet on payday!!!
Good fund to lose on wind farms and solar farms - poof all gone!!
Not poof all gone! Albo is still here😅
Straight to the rent seekers - teal puppet master holmes a court and Mr hydrogen Twiggy Forrest.
Labor has always blown Money! I guess they are trying to redeem "The Voice" waste! Can't wait to see the back of them!!!!!!!!!!!
we all struggle to survive but the au government wants to invest with our $
Just plain theft
I think it's time for all of us to make our way to Canberra to show our disappointment in this poor excuse of a government
If only people would do that Think Australians too laid back though 😣😣
Spending money like drunken sailors and they want people to vote for them,labor get a life,your out next election I 🙏
It was always open for some crook to come along and rort it. Enter crooks.
Already in
now there stealing our super
And they wonder why the liberal party never supports any of their proposals.
same party
@@caveyfulGo away little troll
Labor = What’s yours is mine…
It will squandered on renewable energy & climate change BS.
And "backhanders" to their mates who obviously will reward the Labor thieves with a "bit of a drink". As Ray Hadley would say "it's not a rort if you're in on it"😊
This is Labor!… “That’s what we do”.
If you’re stupid enough to invest in Labor’s past and still believe Labor will have some “eventual” benefit… (then let the recourse of democracy play out until they finally have an epiphany).
Sadly it won’t be soon enough, but if the CFMEU can turn their backs on Labor overnight… that has to tell you something about the corruption from within!!!
Come on Dutton follow trump get this country going again
Dutton is another WEF flog, just the other side of the Uni-Party coin.
Dutton is just as bad..have you forgotten him during the plandemic??? He and Morrison were the instigators of the censorship bill,he wants immigration to stay the way it is...vote One Nation..stay away from Labor,liberal,greens and teals..they're all tarred with the same brush
Pauline Hanson will work for the people that’s why they hate her it’s time for real change Dutton is Albos other Half
Spending our money 💰 again that's Labor for you they should have to pay it back when it stuffs up
Oh, a 'mandate.' The next election can't come quickly enough.
THEFT!
Talk about snout in the trough....
Nah! The pig's have turned it upside down and are fighting over the scraps😊
They need to be removed immediately - No No No
They need to be removed ASAP get Governor General to do his job
Her job
Woke GG Samantha Mostyn has been paid a huge amount + perks to do nothing by Albo.
GG is a labor woman 🤬
GG was appointed by Albo Duddo and is a Labor Stooge on the payroll gravy train.
No chance she's part of the grift!!!
How much damage can Labor do?
We are hanging on a thread
Election is too far away
You really want to know???
Sick of this greedy bunch of thieves.
It’s time for the people of Australia to stand up like the Americans just did and take your country back from the freak show
The fox looking after the hen house.
Am surprised Albo didn't do this theft from the future fund when he gave his commy mate the control. We are in so much debt.... Albo must go urgently.
Lovely dress 👗
The Future Fund should be run by a completely independent board not be controlled by any party in government, it was set up so that it could not be raided by any government in at the time and that is how it should remain, Labour couldn't run a tuck shop budget
Criminals in power
Listening to this editorial by Peta, the ALP will never be good economic managers and sadly, the full extent of their mis-management is slowly coming out. How dare the Treasurer plays with the Future Fund to help it get out of trouble. Australian voters need to decide whether we go for a new government or continue down the path of destruction. Energy costs continue to worsen, the government remains intent on mass populating Australia and state governments unable to cope with problems that are being created by Canberra. The ALP has never been any good with finances other than when Hawke and Howard were in control. Didn't the Coalition under Costello pay off the national debt created by the ALP over a 10 year period. Chalmers learnt from his former boss, Wayne Swan who too was a hopeless treasurer. Stuff we the people, we will do what we want even though we don't have the brains to do the right thing.
Labor spend like drunks when in government and when Liberals get back in they have to raise taxes to pay for the mess created by Labor.
Govt’s need a complete reform, more safety’s & watchdogs to stop this treasonous rot.
Too much corruption & snouts in the trough.
We need a Trump approach with no more WEF, UN, EU, WHO Paris Accord, Climate Change & Net Zero BS.
Woke Albo & Labor liars are destroying Australia on purpose, they hate you.
Never Labor. Never again
Bloody labor spend today, bugger tomorrow we should be putting more into future fund to cover all pensions and even medicare
The "Handsome Boy" will just talk to his "Sugar Daddy" Xi and borrow some more Chinese cash😂😂😂
Never get between labor politicians and a bucket of money, you'll get trampled in the rush.
Sounds like a bail in , wait till the banks apply the same principle to your personal accounts
He should be arrested for treason!
no no no we did not have the ability change this
Hilarious this is what you do when you run out of money
All this is similar to the mandates of the WEF,how concedental is that.
Looks like our forebears were right, keep your money under the mattress!
Don't forget to check for Reds under the Bed.
@@clydesimpson1462 We don't have to look under our beds they're in government 😂😂😂
Labor's DNA = if something or someone else has money, they will take it!
Can we call for an early election?
Unfortunately not!!!
Labor is spending billions of dollars money which they don't have
Fraud and robbery
Just vote them out to teach them a lesson not rob the Australian workers.
Today the pacific islanders saw that sucker Bowen coming along.
Until you run out of other people's money ..
Labor is utterly disgusting
Say again No No No. when will Labour learn
This is disgraceful. Use our money and retirement funding to fund their own agendas and risky ideas
Criminal activity .
Labour obviously has run out of money in their drunken sailor spending so why not use Future funds
Too busy on hiring drag queens for Rudds party’s that’s how they roll the money