Barbara Pocock (SA, Australian Greens) Share this | Hansard source

I have two questions for the minister, and thank you for that clarification. You've used the language of 'alignment with the government's values' in the direction that you will now give to the Future Fund. Can you explore, a little further, what lies underneath that alignment? Is that an instruction to not invest in climate-destroying fossil fuels? What will that instruction say about fossil fuels? That's my first question.

My second question is this. The PBO says that, at $3 billion in the fund, a drawdown of $300 million a year will permit the fund to last until 2047. When do you want to exhaust the fund? On your projections, keeping at $200 million a year drawdown, what year would you be exhausting the fund as currently proposed in the bill?