The Future Fund Board of Guardians commissioned global investment consultant Willis Towers Watson to undertake independent modelling to assess the impact of winding down the Future Fund to pay off government debt versus maintaining the Future Fund’s current investment program.

The Willis Towers Watson report concludes that liquidating the Future Fund to pay down Government debt would come at a median cost to government (ie. lost value-add) of around $200bn over a decade.

Download a copy of the report here.