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Telstra drags down Future Fund result

Sydney : Australia | about 1 month ago  
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THE Future Fund would be keeping its head above water were it not for Telstra. The fund's annual report reveals that excluding the legacy Telstra shares it was required to hold when the telecommunications giant was privatised, it lost a mere 4.2 per cent IN 2008-09.
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  • News Source: Sydney Morning Herald | about 1 month ago
    THE Future Fund would be keeping its head above water were it not for Telstra. The fund's annual report reveals that excluding the legacy Telstra shares it was required to hold when the telecommunications giant was privatised, it lost a mere 4.2 per...
  • News Source: The Daily Telegraph | about 1 month ago
    Minister Lindsay Tanner has welcomed the Future Fund's annual report that shows losses endured during the "unprecedented turmoil" in 2008/09 have already been reversed...In the first quarter of the 2009/10 year, the Future Fund generated a return of...
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