A Case for an Aussie Sovereign-Wealth Fund

Australia's policy makers are faced with the enviable conundrum of what to do with the wealth generated from the nation's mining boom at a time when other industrialized nations are still tightening their belts in response to the global financial crisis. A growing number of economists argue that with the country heading for a budget surplus, the time is right to create a sovsereign-wealth fund, or SWF.