Peter Costello advised the Government a fortnight ago of his decision not to seek a third term as Chair of the Future Fund. We thank Mr Costello for his significant contribution as a board member and then Chair over the past 14 years. He leaves with the Government's appreciation and respect. As Treasurer, Mr Costello was instrumental in the establishment of the Future Fund in 2006 and setting up its initial investment mandate. Upon the fund's inception, Mr Costello spoke about the importance of ensuring that Australia could meet its unfunded superannuation obligations without imposing an undue burden on future generations.

https://www.miragenews.com/chair-of-future-fund-1099529/

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