The company MPs keep
Our new analysis, based on automatically updated data, shows which public companies and industries federal parliamentarians and their families have shares in, and identifies the big shareholders.
Sean Johnson15 July 2024, updated 25 July and 30 July 2024
Mining and energy producers, the big four banks, telcos, supermarket duopolists, and gambling and alcohol stocks are popular investments with federal parliamentarians and their families, a new analysis of the federal interest registers reveals.
Pollies have declared at least 430 shareholdings in over 230 listed companies since the start of the 47th parliament, though this understates the extent of holdings because, for reasons unknown, the Senate doesn't disclose senators' family interests.
Coalition MPs currently have 231 holdings (54% of all holdings), despite Peter Dutton’s troops only comprising 38% of the parliament, while Labor MPs have 171 holdings (40%), though the disparity between the parties would be narrower if not for the ban on ministers owning shares.