Senate debates

Monday, 20 August 2012

Questions without Notice

Future Fund: Tobacco Investment

2:23 pm

Photo of Richard Di NataleRichard Di Natale (Victoria, Australian Greens) Share this | Hansard source

My question is to the Minister for Finance and Deregulation, Senator Wong. I draw the minister's attention to the victory the Commonwealth won in the High Court last week against tobacco companies in defence of the plain-packaging legislation passed by this parliament in November last year. Given that the Commonwealth has over $200 million invested in companies such as British American Tobacco, Philip Morris and Imperial Tobacco through the Future Fund, does the minister agree with the Minister for Health and Ageing, who said over the weekend, 'I would prefer the Future Fund did not have tobacco shares'?

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