A Future Fund fracas doesn't fly

Movements in the Future Fund's investments last year suggest a very active approach among its managers, and it's unlikely the appointment of David Gonski will change this.

Given the high-profile and politicised nature of the debate occurring around David Gonski’s appointment as chairman of the Future Fund, one could be excused for thinking that a new chairman has dramatic implications for the future of the fund. In reality, that’s unlikely to be the case.

Gonski is, it should be said, a good appointment, just as Peter Costello’s would have been had the government taken the advice of the existing board of guardians.

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