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 $10.9 billion at 30 June 2019, and is projected to grow to more than $30 billion over the next decade. This initiative will help lower the debt burden for future generations.

Since the Budget, the Government has directed nearly $300 million extra into the NGF.