Practically 12 months after shedding his seat, in addition to taking the Liberals to an historic defeat within the Might 2025 federal election, former opposition chief Peter Dutton has a brand new gig on the board of the state government-backed Queensland Funding Company (QIC).
The LNP authorities has additionally put one other ex politician on the QIC board – former Beattie authorities assistant minister Michael Choi.
The Crisafulli authorities mentioned the appointments are designed to place a larger deal with creating funding in essential minerals and defence industries.
Dutton brings “expansive authorities and defence trade expertise, to present strategic recommendation on accelerating improvement by way of the flagship Sovereign Trade Growth Fund”.
“whereas Choi “has broad expertise within the essential minerals sector”.
QIC has greater than $127 billion in property below administration, changing into a number one specialist supervisor in infrastructure, actual property, non-public debt, non-public fairness, pure capital and liquid property for round 110 institutional traders internationally.
Final 12 months Brighter Tremendous dedicated $50 million for startups through the QIC, which subsequently backed Attekus, a reserving and occasion administration platform for native councils and authorities, in addition to autonomous agritech pioneers SwarmFarm Robotics.
Queensland finance and commerce minister Ros Bates mentioned the duo will make sure the QIC is well-positioned for the longer term,” Minister Bates mentioned.
“The sturdy and clear management the brand new appointees will assist steer Queensland into the longer term and capitalise on the alternatives forward,” she mentioned.
