Noosa News
Australia’s Future Fund ‘in bed with Adani’: FOI finds $3.2 million investment

Wednesday December 16, 2020
MORE than $3 million of Australian taxpayers’ money has been invested in a crucial Adani company building the rail link from the Carmichael coal mine to a port on the Great Barrier Reef.
Adani’s Carmichael mine is currently being developed in central Queensland. (Photo: ABC)
Documents requested under freedom of information laws by the Australian Centre for International Justice and shared with the ABC reveal the $3.2 million investment in shares by the Future Fund — the $60.5 billion fund set up in 2006 to create returns for the Australian Government.
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