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 DisabilityCare Australia Fund, the Building Australia Fund and the Education Investment 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).

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 2014 3 February 2019
Member Ms. Erin Flaherty 3 April 2016 2 April 2021
Member Ms. Carolyn Kay 14 April 2015 13 April 2020
Member Mr. Robert Priestley 7 November 2017 6 November 2022
Member Mr. Michael Wachtel 3 April 2016 2 April 2021
Member Dr. Jane Wilson 14 April 2015 13 April 2020
Member Mr. John Poynton AM 4 February 2014 3 February 2019
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