Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Guardian - AU
The Guardian - AU
National
Jonathan Barrett Business editor

Tim Wilson retains ‘terrible’ bet against Australian share market that profits when economy slumps

Shadow treasurer Tim Wilson
Liberal MP and shadow treasurer Tim Wilson’s updated register of interests show he retains an investment in a product that makes money when Australia’s benchmark index falls. Photograph: Mick Tsikas/AAP

Tim Wilson has retained his “terrible” bet against the Australian share market, an investment that profits when the national economy slumps, even after his appointment as shadow treasurer.

The Liberal MP’s updated register of interests shows he is invested in a leveraged product that makes money when Australia’s benchmark ASX 200 falls.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.