The Albanese Government welcomes another outstanding return achieved by the Future Fund.
These results against a backdrop of ongoing global uncertainty show the Fund's performance is going from strength to strength and backing the nation's priorities.
The Fund made an annual return of 14.8 per cent for the financial year ending 30 June 2026. This is up from 12.2 per cent for the equivalent period in 2025, 9.1 per cent in 2024 and 6.0 per cent in 2023.
This means Australia's sovereign wealth fund has grown by $37.4 billion in the past year.
The Fund's 10‑year return of 9.0 per cent is above the mandated target return of 7.1 per cent.
The Fund continues to deliver strong results as it invests in the nation's priorities.
Since the Fund's Investment Mandate was updated it has committed $3.5 billion to new direct investments in national priority areas.
The Fund invests in national priority areas where it makes financial sense to do so and since the mandate was updated its returns have gone up, not down.
The Fund's average annual returns have been 14.8 per cent and 12.2 per cent in the two financial years after the mandate was updated, compared to 9.1 per cent in the financial year just before it was updated.
These results show our opponents were wrong to engage in scaremongering over modernising the investment mandate.
The Government thanks outgoing CEO of the Future Fund, Dr Raphael Arndt, for his contribution over many years, including through a period of significant global uncertainty.
