Our sovereign wealth fund, the NSW Generations Fund (NGF), continues to grow.
Seeded with an initial investment of $10 billion in late 2018, the NGF was valued at $14.7 billion at 30 June 2022, and is projected to grow significantly over the next decade. This initiative will help lower the debt burden for future generations.
Since its establishment the NGF has generated around $2.3 billion in returns.