Second Reading Speeches

Government Investment Funds Amendment (Ethical Investments) Bill 2011

Type
Private
Sponsor(s)
DI NATALE, Sen Richard
LUDLAM, Sen Scott
Originating house
Senate
Status
Not Proceeding
Parliament no
43

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Summary

Amends the

Future Fund Act 2006
and
Nation-building Funds Act 2008
to require the ministers responsible for certain funds to develop, by legislative instrument, ethical investment guidelines for each fund (the Future Fund, the Building Australia Fund, the Education Investment Fund and the Health and Hospitals Fund) and direct the Future Fund Board to have regard to the guidelines when making investment policies.

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