AI

Tim Wilson has a long-held bet against Australia’s sharemarket. Experts say it would now have ‘lost quite a bit of money’

Published 3 hours ago
Tim Wilson has a long-held bet against Australia’s sharemarket. Experts say it would now have ‘lost quite a bit of money’

The Liberal MP bought the product, which profits when the ASX 200 falls, in early 2020, his register of interests shows, but an analysis and experts say it has been a poor investment

Tim Wilson has a long-held bet against the national sharemarket.

The Liberal MP’s register of interests, disclosed in August after his tight victory for the seat of Goldstein at the federal election, shows Wilson has a leveraged investment that profits when the benchmark ASX 200 falls.

Continue reading...
Tim WilsonCoalitionLiberal partyAustralian politicsBusinessAustralia news

Related from theguardian.com