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March 14th, 2012 
FAKE NEWS for the Zionist agenda Senior cabinet minister Stephen Conroy says businessman David Gonski is the right choice to head the Future Fund, despite reports board members wanted former treasurer Peter Costello.
Treasurer Wayne Swan on Tuesday confirmed Mr Gonski would replace David Murray as chairman of the $73 billion investment fund’s board of guardians on April 3 for a five-year term.
Mr Gonski was hired to advise the government on the views of the seven Future Fund guardians, which include Mr Costello, about who the new chair should be.
Media reports on Thursday said Mr Gonski had told the government the board wanted Mr Costello to replace Mr Murray, but the government had gone with Mr Gonski because it wanted an outsider.
Senator Conroy said it was wrong to suggest Mr Gonski wanted Mr Costello to be the fund’s head. Instead, he said, Mr Gonski reported on the views of some board members.
The minister said it was “no surprise to see Peter Costello stamping his feet and leaking stories to newspapers”.
“There are some days when you just know how John Howard felt. Peter Costello seems to have a sense of entitlement that he should have been the prime minister so he used to stamp his feet behind John Howard and now he’s doing it again,” Senator Conroy told the Nine Network.
“But I tell you what, I’d rather put my money under the control of David Gonski any day of the week ahead of Peter Costello.”
Mr Gonski is the chairman of ASX Group, Investec Bank, Coca-Cola Amatil and Ingeus Ltd, a director of Singapore Airlines and recently led a review of school education for the federal government.
The Future Fund was established in 2006 to help the government meet the cost of public sector superannuation liabilities in the future.
Finance Minister Penny Wong said the government did not believe Mr Costello was the best person for the job.
“We appointed Mr Costello to the board – akin to John Howard appointing Paul Keating to the board, something which did not occur,” she told ABC Radio.
“He has many qualities but we did not believe he is the best person to take up the chairmanship of Australia’s Future Fund.”
Senator Wong said the government made its decision on “very sound reasoning”.
The government wanted someone who had deep standing in the business community and who had a track record as a leader in the business community.
Mr Gonski had those qualities, Senator Wong said.
There was no recommendation from Mr Gonski’s report on who should take the job.
“What he (Mr Gonski) did indicate to us is who board members viewed as the appropriate choice,” Senator Wong said.
“But federal cabinet decided to appoint the best person for the job and we did it on the basis of Mr Gonski’s proven track record.”
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