tag:blogger.com,1999:blog-46544149210818666212011-04-21T15:43:43.890-07:00Mikehttp://www.blogger.com/profile/04068877903439786136noreply@blogger.comBlogger11100tag:blogger.com,1999:blog-4654414921081866621.post-610692257050468702007-05-09T17:13:00.000-07:002007-05-09T17:24:37.663-07:00This seems to be Costello's masterstroke. Take Labor's so called "education revolution" and blow them out of the water with a $5 billion education endowment fund. The endowment is set up with untouchable capital and only the interest drawn from - very much like the future fund, which Labor has said it will draw from to set up a National Broadband service.<br /><br />The only future risk of this cashflow for Australian Universities is if some future government came along and ransacked the funds for short term opportunity. A stark similarity is drawn at Labor's plans to draw from Australia's future fund<div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/4654414921081866621-61069225705046870?l=australianpolitics.blogspot.com' alt='' /></div>Mikehttp://www.blogger.com/profile/04068877903439786136noreply@blogger.com0