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Australian Government
Australian Government manages Future Fund assets including infrastructure, equities and state-owned enterprises.
Australian Government
The Australian Government maintains investment holdings through the Future Fund and related vehicles. Raphael Arndt serves as CEO of the Future Fund Management Agency while Greg Combet chairs the Board of Guardians. Holdings include direct ownership of NBN Co Limited, Snowy Hydro Limited and Australia Post. The Future Fund also maintains positions in Transgrid and CDC Data Centres. Geographic exposure centers on Australia with additional infrastructure and equity allocations across developed markets. The government operates the Medical Research Future Fund established in 2015 and the Housing Australia Future Fund launched in 2023. November 2024 participation in the G20 Leaders' Summit and APEC Economic Leaders' Meeting marked recent international engagement. Ownership of 100 percent stakes in multiple operating businesses creates a direct control structure distinct from typical sovereign fund delegation to external managers.
General information
Firm type
Operating Fund
Year founded
—
AUM
Undisclosed
Location
Region
Oceania
Country
Australia
City
Canberra
Corporate office
—
Principals
Raphael Arndt
CEO of the Future Fund Management Agency
Greg Combet
Chair of the Future Fund Board of Guardians
Anthony Albanese
Prime Minister of Australia
Sector focus
Frequently asked questions
Who runs investment decisions at the Australian Government Future Fund?
Raphael Arndt serves as CEO of the Future Fund Management Agency. Greg Combet chairs the Board of Guardians.
Does the Australian Government participate in fund commitments or only direct deals?
The Future Fund holds both public equity positions and direct ownership in operating companies such as NBN Co and Snowy Hydro.
Which sectors does the Australian Government explicitly target through its holdings?
Confirmed holdings cover telecommunications via NBN Co, energy via Snowy Hydro, logistics via Australia Post and utilities via Transgrid.
Where does the underlying wealth come from?
Assets derive from Australian Government budget surpluses and fiscal reserves allocated to the Future Fund.
How is the Australian Government related to the Future Fund?
The Future Fund operates as the primary investment vehicle for surplus government capital under the Future Fund Management Agency.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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