Labor ‘asking superfunds’ to ‘pick up’ the cost of infrastructure projects

Independent Analyst Evan Lucas says the Albanese government has been “asking superfunds” to “pick up” the cost of infrastructure projects. The Treasurer is expected to announce major changes to the government’s Future Fund later today. It is in a bid to assist with affordable housing, green energy and major infrastructure projects. “Mandates like this have actually been put into industrial superfunds over the last two or three years particularly, and it has been in the radar that the government has been asking superfunds to pick up particularly things like infrastructure spending,” Mr Lucas told Sky News Australia. “It will be argued as being politicised – there’s no doubt about that – but particularly considering the areas it’s been directed into, it will highlight it is not out of the norm, and it is certainly something that is happening in the industry.”