January 17, 2022

Australia/Cayman Islands: Malcolm Turnbull’s use of overseas tax havens is not a good example to set for the country, Labor says.

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Source: AAP From SBS Malcolm Turnbull’s investments in offshore funds may be above board but they’re not a good look, Labor says. Veteran Labor MP Wayne Swan has seized on reports the prime minister has reshuffled his hedge fund investments, most of which are registered in the Cayman Islands. “When the leader of a country […]

AUSTRALIA: Thanks to Mal Brough, Turnbull can no longer cast himself as the anti-politician

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By Kristina Keneally From The Guardian UK Malcolm Turnbull’s drop in the latest Newspoll hints that Labor’s strategic questioning of Mal Brough may have paid off Seven weeks ago Labor launched a strong attack in parliament on prime minister Malcolm Turnbull for his decision to invest part of his personal wealth in the Cayman Islands. […]

Turnbull investment in tax haven criticised

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By Heath Aston, Political reporter From The Sydney Morning Herald Malcolm Turnbull, Australia’s second-richest parliamentarian, has invested in a ”vulture fund” based in the tax haven Cayman Islands. Disclosure of what appears to be a $1 million stake in a New York-run fund targeting distressed and bankrupt companies sparked criticism from financial transparency campaigners on […]