Mathias Cormann (WA, Liberal Party, Vice-President of the Executive Council) Share this | Hansard source

I thank Senator Hanson. One hundred per cent of the $100 million will go directly to them. But, of course, there will be appropriate provision for administrative costs in terms of the administration of the capital funds, which is consistent with what applies to the Medical Research Future Fund and other funds. The Future Fund is a very efficient organisation with a very low administration cost ratio, and we expect that to continue into the future.