Please explain how these Future Fund bonuses have been funded

Updated April 23 2018 - 11:09pm, first published June 21 2014 - 3:00am

The large bonuses paid to employees of the Future Fund Management Agency (''Ex-mandarin criticises huge bonuses in 'beauty contest''', June 19, p1) gives rise to the question as to how these bonuses were funded. If funded out of their budget allocation, then the then Treasurer should explain why these extreme payments were made. If funded from the Future Fund, the board should explain to the owners of the fund, the public, the basis for employing money from the fund.

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