The future fund is exempt. So it can take advantage of the Franking Credits. One rule for the Government Super and another for the Private Super. Yeah real fair!!!
The Australian Government Future Fund is an independently managed sovereign wealth fund into which the Australian Government deposits funds to meet the government's future liabilities for the payment of superannuation to retired civil servants of the Australian Public Service. Its investment decisions are made at arm's length from the executive
The future fund is exempt. So it can take advantage of the...
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