I forgot Centrelink also now pays people (thousands) to get and keep a job.

Sonofgloin, (and anyone else)
WE ARE NOT a sovereign nation.
WE ARE a debt nation.
(Which is also basically all the Future Fund represents, unpaid debt.)
The TPP is a corporate fascist boot on out throats.
Corporations can now sue the government if it passes laws that stand in the way of their corporate profits.
Therefore we have no sovereignty.

The simple answer is NO.

There are a whole bunch of economic, political and historical factors which have come into play over the past thirty years which have resulted in irreparable damage to what was once a developing nation state. Australia is now no more than a lackey of China and has virtually lost any control over its own destiny.

Sell Queensland to a large populous and wealthy, but as yet unnamed state, to the north of Australia, a people who like rice. The price tag should be some trillions, L J Hooker can work that out on a 10% deposit, 30 day settlement. We can even throw in about 4.5 million coolies to serve as gofers for the 100 million new settlers from that as yet unnamed state to the north of Australia.

Dear Paul1405,

Sounds like a precursor to China's ongoing backdoor invasion of Australia. But I don't think China will want to pay out trillions of dollars for something that they can take by stealth.

Sonofgloin,

Sorry to disappoint you but the role of the Future Fund is to ensure Superannuation liabilities for members of the Commonwealth Super Scheme, being current and retired members of the Commonwealth Public Service and politicians.

Costello failed to set aside the standard annual payments for several years (to cook the books) and had to sell Telstra to pay off his own debt.

It has nothing at all to do with the aged pension or anything else.

We have too much government; too much borrowing; too much spending; too many feel-good schemes on borrowed money (NDIS & GONSKI) two of them); too much foreign aid; too much welfare; a stupid 'refugee'intake costing us billions, with another 12,000 on the way we did not have to volunteer to take.

On top of that, we are importing too many things that we should be making ourselves, and helpiing out China and other low-wage/cost countries with ridiculous 'free trade agreements' that do not benefit us. Just as deadly, we continue to vote in idiots who don't have a clue what they are doing. 80% of the the Australian population deserves the current situation because they are just as greedy and prodigal as the morons they vote for.