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The Future Fund Management Agency is seeking to moderate cost growth and review a small number of roles following several years of investment in technology and internal capabilities.
According to a recent press release, the fund expects to deliver cost reductions of about $10M to $15M in the 2026-27 financial year, or roughly 5-7%, as it seeks to slow the pace of cost growth. It also expects further savings in subsequent years.
The reductions will come from greater use of internally developed data and technology systems and from renegotiating external service contracts, noted the release.
The agency is also reviewing 10 roles across investment and non-investment teams to ensure staffing aligns with current priorities. The fund said it is…
