Malcolm Turnbull (Wentworth, Liberal Party, Prime Minister) Share this | Hansard source

As honourable members are aware, my and my wife's investments are managed for us by an external adviser. They are invested almost entirely—for the most part in any event—in large managed funds, typically index funds, exchange traded funds, that have a wide range of investments. Typically, very similar to the large superannuation funds that many other members, including members opposite, have their funds invested in.

What I would suggest to the honourable member is that he now scour through the large portfolios of all the managed funds that are opposite. But the point of the matter is that I do not choose the stocks those funds invest in. I am completely transparent. They are there, and the allocation of the funds is a matter for my adviser. So it is kept very much at arms-length from me. It is thoroughly transparent and at arm's length.

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