The NSW government will dump $75 million worth of Russian assets from a state investment fund to protest against President Vladimir Putin’s brutal invasion of Ukraine.
“It is important at this time for liberal democracies to stand with Ukraine and stand up for our values.” The fund was set up in 2018 using $10 billion from the sale of WestConnex to repay debt and guard against intergenerational budgetary pressures. Former NSW parliamentary budget officer Stephen Bartos said governments should feel a sense of urgency about moving away from investments in Russia, both financially and ethically.
LucyCormack Why not keep it when sold.
LucyCormack Send Russians elite offspring back. Make them feel their president nonsense can impact their lives
LucyCormack And who buys these assets at knock-down prices? Sharma?
LucyCormack Yet Kean is happy to import Chinese solar panels and wind mills.
LucyCormack Wow how stupid is this. So you idiots want to spark a business war immediately because your stupid AUSTRALIAN spies get no answers.... our government is officially demented again and it's only 2022.
LucyCormack Ok now tell us again how much china invests. I mean I have no issues with chow ear investments or Chinese people but if the LNP want to make a political point about it we should all know
LucyCormack Why weren’t NSW investing that $75m in NSW?
LucyCormack