Greg Combet

Greg Combet Takes the Helm at the Future Fund: A New Era Begins

Former Labor minister Greg Combet to head Australia's sovereign wealth fund, steering towards a brighter financial future.

Former Labor minister Greg Combet is set to succeed Peter Costello as the new chair of Australia's sovereign wealth fund, the Future Fund. With $272 billion in assets under management, the Future Fund is the country's largest financial asset, representing a significant responsibility for Combet. Known for his leadership as the former ACTU leader and climate change minister, Combet brings a wealth of experience to this prestigious role.

Combet's appointment as the head of the Future Fund marks a significant milestone in Australia's financial landscape. As a seasoned MP and trade union leader, Combet's strategic vision and expertise are expected to steer the fund towards sustained growth and stability. His tenure as the chair promises a future where Australia's financial assets are managed with diligence and innovation.

Former Labor cabinet minister Greg Combet's leadership at the Future Fund highlights the government's confidence in his abilities to navigate complex financial environments. With a tenure set for the next five years, Combet's appointment ensures continuity and stability in the fund's operations. His dedication to public service and financial acumen position him as a formidable force in shaping Australia's economic future.

In taking on the role of chair at the Future Fund, Greg Combet steps into a pivotal position that shapes Australia's financial trajectory. His leadership will influence investment decisions that impact the nation's economic prosperity and stability. Combet's appointment underscores the importance of seasoned leaders in managing Australia's financial future, emphasizing the critical role the Future Fund plays in securing the country's wealth and prosperity.