EMERGENCY SIT-IN PROTEST THIS FRIDAY 3.30PM LEAVE WORK EARLY JOIN @elbitout.colonialaus AT FUTURE FUND TWO YEARS OF ARMING ISRAEL SMASH THE WAR MACHINE! Read our substack to understand the demand for divestment - On 29 September 2025, the Australian Future Fund quietly updated its website, showing its June 2025 portfolio update (they publish their investments every six months). We have been waiting for this update for some months since we launched our campaign calling on the Future Fund to divest from the economy of genocide. The Future Fund — Australia’s largest single financial asset, managing more than $300 billion of public wealth — has dramatically increased its investment in Elbit Systems, Israel’s biggest weapons manufacturer. Since December 2023, the Fund’s value in its holdings in Elbit has surged by 633.9%, while bombs dropped from Elbit drones continue to kill thousands of people in Gaza. In 2023, the Future Fund held Elbit shares worth $597,109. By June 2025, that figure had ballooned to $4.18 million. Strikingly, this increase happened even after the Fund reduced the number of Elbit shares it owned in late 2024. In other words, Elbit’s share price — fuelled by record weapons sales to Israel — rose so sharply that the Fund’s smaller holding was still worth millions more. This shows Australia’s so-called “sovereign wealth fund” is profiting directly from the devastation in Gaza. Despite the mounting evidence of genocide and Israel’s largest weapons manufacturer making a profit off mass civilian death, the Future Fund didn’t divest. Instead, it reaped benefits from the blood of Gaza’s children.