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The Guardian - AU
The Guardian - AU
National
Henry Belot

ANU bought shares in Israeli weapons maker after pledging to stop controversial arms investments

An Australian National University (ANU) sign outside its campus in Canberra
The ANU said in August 2024 it would avoid investing in ‘controversial weapons companies’ in response to pressure from pro-Palestine activists on campus. Photograph: Lukas Coch/AAP

The Australian National University bought $138,000 worth of shares in Israel’s largest weapons manufacturer in March, despite an earlier pledge to not invest in controversial arms companies.

The investments in Elbit Systems were made 12 days after Israel shattered a pause in hostilities with airstrikes that killed more than 400 people in Gaza. At the time, Israel’s prime minister, Benjamin Netanyahu, had warned the renewed military offensive was “only the beginning”.

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