Tim Wilson claims he has sold out of his bet against the share market for ‘modest profit’

<p>Shadow treasurer tells MPs he has cashed in the investment and donated the gains to an advocacy group for gay rights in Iran</p><ul><li><p><strong>Get our </strong><a href="https://www.theguardian.com/email-newsletters?CMP=cvau_sfl"><strong>breaking news email</strong></a><strong>, </strong><a href="https://app.adjust.com/w4u7jx3"><strong>free app</strong></a><strong> or </strong><a href="https://www.theguardian.com/australia-news/series/full-story?CMP=cvau_sfl"><strong>daily news podcast</strong></a></p></li></ul><p>Tim Wilson has sold out of his “terrible” bet against the Australian share market, and claimed to have made a profit from the investment which the shadow treasurer said he would donated to an advocacy group for LGBT rights in Iran.</p><p>Guardian Australia <a href="https://www.theguardian.com/australia-news/2025/sep/11/tim-wilson-liberal-mp-etf-investment-bet-against-australia-sharemarket-lost-money">first reported on the investment</a>, a leveraged product that profits when the benchmark ASX 200 falls, last year. It was viewed as an unusual investment for a politician given the product profits from market slumps, which is linked to the performance of the economy.</p> <a href="https://www.theguardian.com/australia-news/2026/mar/04/tim-wilson-claims-he-has-sold-out-of-his-bet-against-the-share-market-for-modest-profit">Continue reading...</a>

Read the full article at: The Guardian World →