Terry Young MP
Member for Longman, Queensland
Liberal National Party of Queensland
Total Interests: 45
Latest alteration: Other assets - 4/06/24
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 Open Politics of an error or omission, contact us.
Breach: Young failed to declare a junket to Taiwan in December 2022 as a guest of the Government of Taiwan.
Shareholdings - 2
Trusts and nominee companies - 6
Real estate - 5
Directorships - 0
Partnerships - 0
Liabilities - 2
Saving or investment accounts - 2
Other assets - 3
Other income - 2
Gifts - 7
Memberships - 0
Other interests - 0
Shareholdings - 0
Trusts and nominee companies - 2
Real estate - 2
Directorships - 0
Partnerships - 0
Liabilities - 2
Saving or investment accounts - 1
Other assets - 1
Other income - 3
Gifts - 0
Memberships - 0
Other interests - 0
Shareholdings - 0
Trusts and nominee companies - 2
Real estate - 0
Directorships - 0
Partnerships - 0
Liabilities - 0
Saving or investment accounts - 1
Other assets - 0
Other income - 1
Gifts - 0
Memberships - 0
Other interests - 0
2. Family and business trusts
Family and business trusts - 5 recordsFamily and business trusts and nominee companies
i. in which a beneficial interest is held
| Date | Rep | Person | Name of trust/nominee company | Nature of its operation | Beneficial interest |
|---|---|---|---|---|---|
| 11/04/2022 | Young, Terry | Self | The Young Family Trust | Investment trust | Terry Young |
| 11/04/2022 | Young, Terry | Self | The DG Lawnton Gosford Unit Trust | Golf equipment retailing | Young Family Trust |
| 11/04/2022 | Young, Terry | Self | The DG Lawnton Unit Trust | Golf equipment retailing | Young Family Trust |
| 11/04/2022 | Young, Terry | Spouse/partner | The Young Family Trust | Investment trust | Alexandra Young |
| 11/04/2022 | Young, Terry | Dependent children | The Young Family Trust | Investment trust | Children |
2. Family and business trusts
Family and business trusts - 5 recordsii. in which someone is a trustee
| Date | Rep | Person | Name of trust/nominee company | Nature of its operation | Beneficial interest |
|---|---|---|---|---|---|
| 11/04/2022 | Young, Terry | Self | The Young Family Trust | Investment trust | Terry Young |
| 11/04/2022 | Young, Terry | Self | The DG Lawnton Gosford Unit Trust | Golf equipment retailing | Young Family Trust |
| 11/04/2022 | Young, Terry | Self | The DG Lawnton Unit Trust | Golf equipment retailing | Young Family Trust |
| 11/04/2022 | Young, Terry | Spouse/partner | The Young Family Trust | Investment trust | Alexandra Young |
| 11/04/2022 | Young, Terry | Dependent children | The Young Family Trust | Investment trust | Children |
3. Real estate
Real Estate - 8 recordsReal estate, including the location (suburb or area only) and the purpose for which it is owned
| Date | Rep | Person | Location | Purpose |
|---|---|---|---|---|
| 4/06/2024 | Young, Terry | Self | Residential Block - Nanango | Investment. Held in Young Family Trust. |
| 4/06/2024 | Young, Terry | Self | Residential Block - Nanango | Investment. Held in Young Family Trust. |
| 4/06/2024 | Young, Terry | Self | Residential block, Nanango | Investment. Held in TAY Super (SMSF) |
| 11/04/2022 | Young, Terry | Self | Buderim | Secondary place of residence |
| 11/04/2022 | Young, Terry | Self | Caboolture QLD | Principal place of residence |
| 11/04/2022 | Young, Terry | Spouse/partner | Buderim | Secondary place of residence |
| 11/04/2022 | Young, Terry | Spouse/partner | Caboolture QLD | Principal place of residence |
| 11/04/2022 | Young, Terry | Dependent children | Nil |
4. Directorships
Directorships - 4 recordsRegistered directorships of companies
| Date | Rep | Person | Name of company | Activities of company |
|---|---|---|---|---|
| 11/04/2022 | Young, Terry | Self | DG Lawnton Gosford↳ Deleted from register 6/02/24 | Retail |
| 11/04/2022 | Young, Terry | Self | DG Lawnton P/L↳ Deleted from register 6/02/24 | Retail |
| 11/04/2022 | Young, Terry | Spouse/partner | Nil | |
| 11/04/2022 | Young, Terry | Dependent children | Nil |
5. Partnerships
Partnerships - 3 recordsPartnerships, including the nature of the interests and activities of the partnership
| Date | Rep | Person | Name | Nature of interests | Activities |
|---|---|---|---|---|---|
| 11/04/2022 | Young, Terry | Self | Nil | ||
| 11/04/2022 | Young, Terry | Spouse/partner | Nil | ||
| 11/04/2022 | Young, Terry | Dependent children | Nil |
6. Liabilities
Liabilities - 5 recordsLiabilities, including the nature of the liability and the name of the creditor
| Date | Rep | Person | Liability | Creditor |
|---|---|---|---|---|
| 11/04/2022 | Young, Terry | Self | Mortgage on secondary place of residence | NAB |
| 11/04/2022 | Young, Terry | Self | Mortgage on principal place of residence | NAB |
| 11/04/2022 | Young, Terry | Spouse/partner | Mortgage on secondary place of residence | NAB |
| 11/04/2022 | Young, Terry | Spouse/partner | Mortgage on principal place of residence | NAB |
| 11/04/2022 | Young, Terry | Dependent children | Nil |
7. Bonds
Bonds - 3 recordsBonds, debentures and like investments
| Date | Rep | Person | Type of investment | Body in which investment is held |
|---|---|---|---|---|
| 11/04/2022 | Young, Terry | Self | Nil | |
| 11/04/2022 | Young, Terry | Spouse/partner | Nil | |
| 11/04/2022 | Young, Terry | Dependent children | Nil |
8. Savings or investment accounts
Savings - 4 recordsSavings or investment accounts, including the nature of the account and the name of the bank or financial institution
| Date | Rep | Person | Nature of account | Name of bank/institution |
|---|---|---|---|---|
| 11/04/2022 | Young, Terry | Self | Savings | BOQ |
| 11/04/2022 | Young, Terry | Self | Cheque | NAB |
| 11/04/2022 | Young, Terry | Spouse/partner | Cheque | NAB |
| 11/04/2022 | Young, Terry | Dependent children | Savings | ING |
9. Other assets
Other assets - 5 recordsThe nature of any other assets (excluding household and personal effects) each valued at over $7,500
| Date | Rep | Person | Nature of any other assets |
|---|---|---|---|
| 4/06/2024 | Young, Terry | Self | TAY Super (SMSF) |
| 11/04/2022 | Young, Terry | Self | Sporting memorabillia |
| 11/04/2022 | Young, Terry | Self | Rest Super |
| 11/04/2022 | Young, Terry | Spouse/partner | Rest Super |
| 11/04/2022 | Young, Terry | Dependent children | Nil |
10. Other income
Other income - 6 recordsThe nature of any other substantial sources of income (excluding official salary)
| Date | Rep | Person | Nature of income |
|---|---|---|---|
| 11/04/2022 | Young, Terry | Self | Trust distributions |
| 11/04/2022 | Young, Terry | Self | Rent from granny flat |
| 11/04/2022 | Young, Terry | Spouse/partner | Trust distributions |
| 11/04/2022 | Young, Terry | Spouse/partner | Rent from granny flat |
| 11/04/2022 | Young, Terry | Spouse/partner | Wage |
| 11/04/2022 | Young, Terry | Dependent children | Trust distributions |
11. Gifts
Gifts - 9 recordsGifts 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.
| Date | Rep | Person | Details of gifts |
|---|---|---|---|
| 9/02/2024 | Young, Terry | Self | Qantas flight upgrade to business class Canberra to Sydney (QF1908, 08/02/2023). Upgrade came unexpectedly as a result of seat availability after cancellation of economy booked flight QF1450. |
| 6/02/2024 | Young, Terry | Self | Complimentary SkyNews Streaming subscription |
| 11/05/2023 | Young, Terry | Self | Virgin The Club |
| 11/05/2023 | Young, Terry | Self | QANTAS Chairmans Lounge |
| 11/05/2023 | Young, Terry | Self | Foxtel Subscription |
| 11/04/2022 | Young, Terry | Self | 2 tickets to attend Dolphins NRL debut at Suncorp Stadium |
| 11/04/2022 | Young, Terry | Self | Tickets to Ballet value $300 (09/09/2019) |
| 11/04/2022 | Young, Terry | Spouse/partner | Nil |
| 11/04/2022 | Young, Terry | Dependent children | Nil |
12. Travel or hospitality
Travel or hospitality - 4 recordsSponsored travel or hospitality where the value exceeds $300
| Date | Rep | Person | Details of travel/hospitality |
|---|---|---|---|
| 22/03/2023 | Young, Terry | Self | Sponsored travel to Taiwan including airfares, accommodation, meals and incidentals provided by the Taipei Economic and Cultural Office in Australia |
| 11/04/2022 | Young, Terry | Self | Nil |
| 11/04/2022 | Young, Terry | Spouse/partner | Nil |
| 11/04/2022 | Young, Terry | Dependent children | Nil |
13. Memberships
Memberships - 3 recordsMembership 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
| Date | Rep | Person | Name of organisation |
|---|---|---|---|
| 11/04/2022 | Young, Terry | Self | Nil |
| 11/04/2022 | Young, Terry | Spouse/partner | Nil |
| 11/04/2022 | Young, Terry | Dependent children | Nil |
14. Other Interests
Other Interests - 3 recordsAny other interests where a conflict of interest with a member's or senator's public duties could foreseeably arise or be seen to arise
| Date | Rep | Person | Nature of interests |
|---|---|---|---|
| 11/04/2022 | Young, Terry | Self | Nil |
| 11/04/2022 | Young, Terry | Spouse/partner | Nil |
| 11/04/2022 | Young, Terry | Dependent children | Nil |
Photo licensed from the Parliament of Australia website under CC BY-NC-ND 3.0 AU