Finance & Fury Podcast

Welcome to Finance and Fury, the Say What Wednesday edition. This week’s question comes from Douglas: “Long time listener of your Podcast and it has great insights and thought-provoking ideas. Can you dive deeper in to who are the beneficiaries of the Future Fund from and what the unfunded superannuation liabilities means and list who besides politicians this fund does benefit?” Douglas brought up a good point – that the commonwealth unfunded liabilities don’t just go towards politicians which was the main focus of the episode two weeks ago – has requested deeper dive into who gets paid from the Future Fund - Commonwealth Super Liabilities Today’s episode – look at the Commonwealth unfunded liabilities – and the beneficiary funds Unfunded liabilities - Related to the gross debt that the Australian Government holds on behalf of unfunded superannuation liabilities – Essentially – how much money is owed but isn’t there ready to be made available for payment This comes form a special type of account called Defi