There’s a certain tension in Treasurer Jim Chalmers’ recent move to require the taxpayer-owned Future Fund to consider “national priorities” in its investment decisions, while also suggesting that in many areas, not much will really change.

The government argues that recent changes to the fund’s mandate, which will now include references to building more housing, supporting the green energy transition and improving infrastructure, will lead to “more investment where we need it most.” Fair enough.

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© The Sydney Morning Herald