What could possibly go wrong? With 52 employees and a CEO on at least $600k p.a. there is a loked in cost base of at least $10m p.a. which is 0.5% of the $2b fund. This is a complete overreach and a neat way to give former Labor premier John Brumby some pocket money.
I understand there is at least a $30m investment in the fund that is in serious trouble what about the rest.
Another example of wrong priorities by the Amateur Hour Labor government in Victoria.
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