Finance
The roles and responsibilities of the Future Fund Board of Guardians (the Board) are set out in the enabling legislation, the Future Fund Act 2006. The Board is collectively responsible for the investment decisions relating to the Future Fund, the Medical Research Future Fund, the Aboriginal and Torres Strait Islander Land and Sea Future Fund, the Future Drought Fund, the Emergency Response Fund, and the DisabilityCare Australia Fund, and is accountable to the Government for the safekeeping and performance of the Funds. As such, the Board's primary role is to set the strategic direction of the investment activities of the Funds in accordance with the legislation and with the investment mandate issued by the Government, for each Fund. The Board is supported in its functions by the Future Fund Management Agency (the Agency).
http://www.futurefund.gov.au/
Annual Reports
Budget Documentation

Further information

  • Type of Body

    E. Statutory Office Holder Offices and Committees

  • Established By / Under

    Act / Regulation

  • Established By/Under More info

    Future Fund Act 2006

  • Paid Members?

    Yes

  • Max No. of Board/Committee Members

    7

  • Annual Report Prepared and tabled?

    No

  • Classification

    B. Secondary

  • Function Categorization

    Executive Management

  • Creation Date

    23 March 2006

Current board appointments

Position Appointee Start Date End Date
Chair The Hon. Peter Costello AC 4 February 2019 3 February 2024
Member Mr. Michael Wachtel 3 April 2021 2 April 2025
Member VACANT    
Member Mr. John Poynton AO 4 February 2019 3 February 2024
Member Mrs. Patricia Cross 11 May 2021 10 May 2026
Member Ms. Carolyn Kay 14 April 2020 13 April 2023
Member Mr. John Fraser 12 November 2018 11 November 2023

Other boards and structures

Last updated: