Fund says ‘hundreds of hours a year’ are required to process requests that would be shielded under proposed Coalition legislation
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The $250bn Future Fund says receiving 10 to 20 freedom of information requests a year is “administratively burdensome” and has confirmed proposed changes by the Morrison government would have shielded it from the kind of request that exposed investments in a company linked to the Myanmar military.
Last month, the Coalition introduced a bill granting wide-ranging exemptions to the Future Fund from freedom of information law, prompting criticism that it was a “calculated response” to an FoI that revealed its $3.2m investment in an Adani company criticised by the United Nations for an arrangement that gave financial support to the Myanmar military.
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