Thanks, Madam Chair. It came to light in the last Assembly that the money in the Heritage Fund was actually starting to lose value because of the very, very conservative investment policies that were requirements under the act and the regulations at the time. It was actually starting to lose money against inflation and had to be topped up, I think, if I remember correctly. Can the Minister tell us what's happened since? Is this still losing money against inflation? Thanks, Madam Chair.
Kevin O'Reilly on Consideration In Committee Of The Whole Of Bills And Other Matters
In the Legislative Assembly on February 28th, 2020. See this statement in context.
Consideration In Committee Of The Whole Of Bills And Other Matters
Consideration In Committee Of The Whole Of Bills And Other Matters
February 28th, 2020
Page 363
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