Accordingly, the Queensland Government has repealed the Future Growth Fund Act 2006 facilitating the closure of the Fund, effective 1 July 2013. The remaining commitments of the Fund relating to Smart State projects and education infrastructure will continue to be met but without the additional and unnecessary administrative burden of needing to maintain and account for them in a separate entity. The remaining balance of the Fund was transferred to the Consolidated Fund where it will be held until required by the departments responsible for delivering the remaining projects.
The Queensland Future Growth Corporation Annual Report 2012-13 is an important part of our corporate governance framework. It ensures accountability to the Queensland Parliament and the community about the Corporation and the activities of the Fund. As the Fund is now closed, this will be the final report for the Corporation.
The report details the performance, activities and financial position for the 2012-13 financial year and links with the Service Delivery Statement for the 2012-13 and 2013–14 State Budgets. It also provides information on structure and corporate governance processes.
The electronic versions of the Queensland Future Growth Corporation Annual Report provided on this site are for information purposes only. Official copies of annual reports, as tabled in the Legislative Assembly of Queensland, can be accessed from the Queensland Parliament tabled papers website.
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