Bill Shorten MP
Member for Maribyrnong, Victoria
Minister for the National Disability Insurance Scheme Minister for Government Services
Australian Labor Party
Total Interests: 37
Latest alteration: Gifts - 18/09/23
Source: Statement of Registrable Interests - this contains interests declared as at 11/04/22 and alterations since then.
This statement contains interests declared as at the dissolution of the previous parliament on 11/04/22 and any alterations since then, including new interests and amendments and deletions to existing interests. The date of an alteration is when it was declared to the register, not when the change occurred.
Open Politics has amended the wording and formatting of some MPs' and Senators' declared interests to improve readability or to correct mistakes. To notify us of a mistake or oversight, email sean@openpolitics.au.
Problems: 1. Shorten breached the Prime Minister's ministerial code of conduct by not divesting his shareholding in East Malvern Community Financial Services Limited on becoming a minister. After Open Politics revealed this on August 27, Shorten stated he would take steps to divest them. He added that the shares were inherited from his late mother and that he was not clear whether they were his to sell. Another issue is that the shares were not liquid (could not be sold easily) as they are not on the ASX. Nonetheless, Shorten should not have waited for our revelation before beginning the divestment process.
2. Shorten breached the ministerial code of conduct a second time by accepting a First Class Emirates upgrade. Section 3.20 of the the code and the associated gift guidelines do not allow ministers to accept gifts or benefits above $750 from an official source (Emirates is owned by the Government of Dubai).
Shareholdings - 0
Trusts and nominee companies - 0
Real Estate - 1
Directorships - 0
Partnerships - 0
Liabilities - 2
Saving or investment accounts - 1
Other assets - 0
Other income - 0
Gifts - 2
Memberships - 9
Other interests - 0
Shareholdings - 0
Trusts and nominee companies - 0
Real Estate - 0
Directorships - 3
Partnerships - 0
Liabilities - 1
Saving or investment accounts - 2
Other assets - 1
Other income - 1
Gifts - 0
Memberships - 3
Other interests - 0
Shareholdings - 0
Trusts and nominee companies - 0
Real Estate - 0
Directorships - 0
Partnerships - 0
Liabilities - 0
Saving or investment accounts - 1
Other assets - 0
Other income - 0
Gifts - 0
Memberships - 0
Other interests - 0
2. Family and business trusts
Family and business trusts and nominee companies
i. in which a beneficial interest is held
| Rep | Person | Name of trust/nominee company | Nature of its operation | Beneficial interest | Date |
|---|---|---|---|---|---|
| Bill Shorten | Self | Nil | 11/04/2022 | ||
| Bill Shorten | Spouse/partner | Nil | 11/04/2022 | ||
| Bill Shorten | Dependent children | Nil | 11/04/2022 |
2. Family and business trusts
ii. in which someone is a trustee
| Rep | Person | Name of trust/nominee company | Nature of its operation | Beneficial interest | Date |
|---|---|---|---|---|---|
| Bill Shorten | Self | Nil | 11/04/2022 | ||
| Bill Shorten | Spouse/partner | Nil | 11/04/2022 | ||
| Bill Shorten | Dependent children | Nil | 11/04/2022 |
3. Real Estate
Real estate, including the location (suburb or area only) and the purpose for which it is owned
| Rep | Person | Location | Purpose | Date |
|---|---|---|---|---|
| Bill Shorten | Self | Travancore, VIC | Family home | 11/04/2022 |
| Bill Shorten | Spouse/partner | Travancore, VIC | Family home | 11/04/2022 |
| Bill Shorten | Dependent children | Nil | 11/04/2022 |
4. Directorships
Registered directorships of companies
5. Partnerships
Partnerships, including the nature of the interests and activities of the partnership
| Rep | Person | Name | Nature of interests | Activities | Date |
|---|---|---|---|---|---|
| Bill Shorten | Self | Nil | 11/04/2022 | ||
| Bill Shorten | Spouse/partner | Nil | 11/04/2022 | ||
| Bill Shorten | Dependent children | Nil | 11/04/2022 |
6. Liabilities
Liabilities, including the nature of the liability and the name of the creditor
7. Bonds
Bonds, debentures and like investments
| Rep | Person | Type of investment | Body in which investment is held | Date |
|---|---|---|---|---|
| Bill Shorten | Self | Nil | 11/04/2022 | |
| Bill Shorten | Spouse/partner | Nil | 11/04/2022 | |
| Bill Shorten | Dependent children | Nil | 11/04/2022 |
8. Savings or investment accounts
Savings or investment accounts, including the nature of the account and the name of the bank or financial institution
9. Other assets
The nature of any other assets (excluding household and personal effects) each valued at over $7,500
| Rep | Person | Nature of any other assets | Date |
|---|---|---|---|
| Bill Shorten | Self | Nil | 11/04/2022 |
| Bill Shorten | Spouse/partner | Motor vehicle | 11/04/2022 |
| Bill Shorten | Dependent children | Nil | 11/04/2022 |
10. Other income
The nature of any other substantial sources of income (excluding official salary)
11. Gifts
Gifts of more than $750 from official sources (e.g. a foreign or domestic government, or officeholder in a government) or at more than $300 from non-official sources. Gifts from family or friends do not need to be declared unless a member or senator judges that it could create an appearance of a conflict of interest.
12. Travel or hospitality
Sponsored travel or hospitality where the value exceeds $300
13. Memberships
Membership of any organisation where a conflict of interest with a member's or senator's public duties could foreseeably arise or be seen to arise
14. Other Interests
Any other interests where a conflict of interest with a member’s or senator’s public duties could foreseeably arise or be seen to arise
| Rep | Person | Nature of interests | Date |
|---|---|---|---|
| Bill Shorten | Self | Nil | 11/04/2022 |
| Bill Shorten | Spouse/partner | Nil | 11/04/2022 |
| Bill Shorten | Dependent children | Nil | 11/04/2022 |
Photo licensed from the Parliament of Australia website under CC BY-NC-ND 3.0 AU
