House debates Questions without Notice

Taxation

Thursday, 15 October 2015 House of Representatives

Mark Dreyfus

Mark Dreyfus Isaacs, Australian Labor Party, Shadow Attorney General

2:45 pm

My question is to the Prime Minister. The minimum outside investment for the Bowery Opportunity Fund registered in the Cayman Islands and invested in by the Prime Minister is US$1 million. Why does the Prime Minister consider it appropriate to actively invest in this exclusive fund registered in a notorious tax haven when the Australian government is claiming to be working in the G20 to address profit shifting and tax evasion?

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