NAIF'in like hasty financial exit
The Future Fund and the Clean Energy Finance Corp will outlive the first 100 days of the incoming Labor government.But the Northern Australian Infrastructure Fund is lined up for obliteration.Surely the fate of the CEFC, in need of resolving soon by Labor, will match that of NAIF.The Fund's investments and capital are best redeployed for reflation, and soon to be sorely needed. The Future Fund's wealth will be dispersed within 10 years, 20 at the outside.An alleged banking start-up liked by the opposition conservatives is collapsing before even warming up, banks by and large unsupportive of Scott Morrison's pork-barrelling among SMEs.