Senator Tim Ayres

Senator Tim Ayres

Senator for NSW

Assistant Minister for Trade Assistant Minister for Manufacturing

Australian Labor Party


Total Interests: 14

Latest alteration: Shareholdings - 2/09/22

Source: Statement of Registrable Interests - this contains interests declared as at 24/08/22 and alterations since then.  

This statement contains interests declared as being held on 24/08/22 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.

Unfortunately, due to Senate restrictions the interests of senators' spouses/partners and dependent children are not publicly disclosable.

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: Tim Ayres breached the Prime Minister's new ministerial code of conduct by retaining his shareholdings in Resmed and Cochlear. After Open Politics revealed this on August 27, Ayres declared to the Register of Senators' Interests on September 2 that he'd subsequently divested his holdings.

1. Shareholdings

Shareholdings in public and private companies, including any holding or subsidiary companies

RepPersonName of companyDate
Tim AyresSelfResmed↳ Deleted from register 2/09/2224/08/2022
Tim AyresSelfCochlear↳ Deleted from register 2/09/2224/08/2022
Tim AyresSpouse/partnerRestricted information-
Tim AyresDependent childrenRestricted information-

2. Family and business trusts

Family and business trusts and nominee companies

i. in which a beneficial interest is held

RepPersonName of trust/nominee companyNature of its operationBeneficial interestDate
Tim AyresSelfNilNilNil24/08/2022
Tim AyresSpouse/partnerRestricted information-
Tim AyresDependent childrenRestricted information-

2. Family and business trusts

ii. in which someone is a trustee

RepPersonName of trust/nominee companyNature of its operationBeneficial interestDate
Tim AyresSelfNilNilNil24/08/2022
Tim AyresSpouse/partnerRestricted information-
Tim AyresDependent childrenRestricted information-

3. Real Estate

Real estate, including the location (suburb or area only) and the purpose for which it is owned

RepPersonLocationPurposeDate
Tim AyresSelfCurrarong, NSWHoliday house and investment property24/08/2022
Tim AyresSelfCamperdown, NSWResidence24/08/2022
Tim AyresSpouse/partnerRestricted information-
Tim AyresDependent childrenRestricted information-

4. Directorships

Registered directorships of companies

RepPersonName of companyActivities of companyDate
Tim AyresSelfNilNil24/08/2022
Tim AyresSpouse/partnerRestricted information-
Tim AyresDependent childrenRestricted information-

5. Partnerships

Partnerships, including the nature of the interests and activities of the partnership

RepPersonNameNature of interestsActivitiesDate
Tim AyresSelfNilNilNil24/08/2022
Tim AyresSpouse/partnerRestricted information-
Tim AyresDependent childrenRestricted information-

6. Liabilities

Liabilities, including the nature of the liability and the name of the creditor

RepPersonLiabilityCreditorDate
Tim AyresSelfMortgageBank of Adelaide24/08/2022
Tim AyresSpouse/partnerRestricted information-
Tim AyresDependent childrenRestricted information-

7. Bonds

Bonds, debentures and like investments

RepPersonType of investmentBody in which investment is heldDate
Tim AyresSelfNilNil24/08/2022
Tim AyresSpouse/partnerRestricted information-
Tim AyresDependent childrenRestricted information-

8. Savings or investment accounts

Savings or investment accounts, including the nature of the account and the name of the bank or financial institution

RepPersonName of bank/institutionDate
Tim AyresSelfTeachers Mutual Bank24/08/2022
Tim AyresSelfCUA24/08/2022
Tim AyresSelfME Bank24/08/2022
Tim AyresSelfANZ24/08/2022
Tim AyresSelfAustralian Super24/08/2022
Tim AyresSpouse/partner-
Tim AyresDependent children-

9. Other assets

The nature of any other assets (excluding household and personal effects) each valued at over $7,500

RepPersonNature of any other assetsDate
Tim AyresSelfSuperannuation related insurance24/08/2022
Tim AyresSpouse/partnerRestricted information-
Tim AyresDependent childrenRestricted information-

10. Other income

The nature of any other substantial sources of income (excluding official salary)

RepPersonNature of incomeDate
Tim AyresSelfOccasional rental income24/08/2022
Tim AyresSpouse/partnerRestricted information-
Tim AyresDependent childrenRestricted information-

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.

RepPersonDetails of giftsDate
Tim AyresSelfComplimentary subscription to Foxtel television provided by Australian Subscription Television and Radio Association (ASTRA) Subscription Media Australia to my Electorate Office to the value of $1,600.00 per annum24/08/2022
Tim AyresSpouse/partnerRestricted information-
Tim AyresDependent childrenRestricted information-

12. Travel or hospitality

Sponsored travel or hospitality where the value exceeds $300

RepPersonDetails of travel/hospitalityDate
Tim AyresSelfQantas Chairman's Lounge membership24/08/2022
Tim AyresSelfRex Airline Lounge Membership24/08/2022
Tim AyresSelfVirgin [Beyond] Lounge membership24/08/2022
Tim AyresSpouse/partnerRestricted information-
Tim AyresDependent childrenRestricted information-

13. Office holder or donor

Being an office holder of or financial contributor donating $300 or more in any single calendar year to any organisation

RepPersonName of organisationDate
Tim AyresSelfNil24/08/2022
Tim AyresSpouse/partnerRestricted information-
Tim AyresDependent childrenRestricted information-

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

RepPersonNature of interestsDate
Tim AyresSelfNil24/08/2022
Tim AyresSpouse/partnerRestricted information-
Tim AyresDependent childrenRestricted information-