Sunday, November 01, 2009

Not a joke, not a drill - Costello appointed to Future Fund board

"The Minister for Finance and Deregulation, Lindsay Tanner and the Treasurer, Wayne Swan today announced that the Government intends to appoint the former Treasurer Peter Costello to the Future Fund Board of Guardians.

Mr Costello, Treasurer from 1996 to 2007 will provide the board with unique expertise in governance, international finance and macro economic conditions.

"To have the experience of someone like Mr Costello on the Future Fund board will be of great benefit,” Lindsay Tanner said.

Mr Costello will fill the position on the board that will become vacant when the term of Mr John Paterson expires on 17 December 2009."

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