-

2002

May

Intergenerational Report is published.

2004

September

‘Investing for the Future’ Statement is released.

2005

May

Federal Government announces establishment of the Future Fund.

2006

March

The Future Fund Act 2006 receives Royal Assent.

April

Debt-Free Day speech. Inaugural Board of Guardians is appointed.

May

Investment Mandate issued.

November

The Future Fund is launched by the Hon Peter Costello

2007

May

Northern Trust is appointed as global custodian.

July

Higher Education Endowment Fund is established.

2008

May

Nation Building Fund is established (Building Australia Fund, Education Investment Fund, Health and Hospitals Fund).

July

DisabilityCare Australia Fund is established.

2014

June

Funds under management exceeds $100 billion.

2015

November

Medical Research Future Fund is established.

2017

May

Decision to postpone drawdowns from the Future Fund until at least 2026–27.

July

New Investment Mandate is issued for the Future Fund from 4.5–5.5% to 4.0–5.0%.

2019

February

Aboriginal and Torres Strait Islander Land and Sea Future Fund is established.

September

Future Drought Fund is established.

December

Emergency Response Fund is established.

2020

March

The COVID-19 pandemic arrives in Australia, leading to in-depth review of the investment strategy. Staff move to working from home.

2021

June

The Future Fund reaches $197 billion, tripling the original contributions from Government.

December

The Future Fund exceeds $200 billion.

2002

May

Intergenerational Report is published.

2004

September

‘Investing for the Future’ Statement is released.

2005

May

Federal Government announces establishment of the Future Fund.

2006

March

The Future Fund Act 2006 receives Royal Assent.

April

Debt-Free Day speech. Inaugural Board of Guardians is appointed.

May

Investment Mandate issued.

November

The Future Fund is launched by the Hon Peter Costello

2007

May

Northern Trust is appointed as global custodian.

2008

May

Nation Building Fund is established (Building Australia Fund, Education Investment Fund, Health and Hospitals Fund).

July

DisabilityCare Australia Fund is established.

2014

June

Funds under management exceeds $100 billion.

2015

November

Medical Research Future Fund is established.

2017

May

Decision to postpone drawdowns from the Future Fund until at least 2026–27.

July

New Investment Mandate is issued for the Future Fund from 4.5–5.5% to 4.0–5.0%.

2019

February

Aboriginal and Torres Strait Islander Land and Sea Future Fund is established.

September

Future Drought Fund is established.

December

Emergency Response Fund is established.

2020

March

The COVID-19 pandemic arrives in Australia, leading to in-depth review of the investment strategy. Staff move to working from home.

2021

June

The Future Fund reaches $197 billion, tripling the original contributions from Government.

December

The Future Fund exceeds $200 billion.