Senate debates

Thursday, 15 March 2012

Questions without Notice

Future Fund

2:15 pm

Photo of Penny WongPenny Wong (SA, Australian Labor Party, Minister for Finance and Deregulation) Share this | Hansard source

There was a thorough process that led up to the government's decision to appoint. First, the Department of Finance and Deregulation began the process of identifying appropriate candidates for the chair and board positions in the second half of last year, an executive search firm was engaged and the department asked Mr Gonski to meet with the board to seek their views. Mr Gonski was requested to speak with members of the fund to seek their views on key attributes for the upcoming vacancies for chair and member of the board as well as potential candidates they considered might be suitable to fill these upcoming vacancies. Mr Gonski was not asked to provide recommendations about who should fill either of these positions but to summarise the views of the board and to convey this to government. (Time expired)

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