Peter Dutton has refused to disclose details about his bank share purchases made at the height of the global financial crisis, just before a bank bailout. Despite Labor’s efforts to question his connection with ordinary Australians based on his property and stock market decisions, Dutton has defended his investment history, asserting he has made the required disclosures. He denies having “hidden assets” in a family trust account, following media reports of his buying and selling 26 properties worth $30 million over his adult life. Dutton also denies accessing sensitive information to inform his investment decisions, claiming his financial dealings have been conducted with integrity. He has not provided further details on his share transactions, which occurred shortly before a government bailout. Dutton dismissed Labor’s concerns as “throwing mud” at his financial track record. Labor’s Katy Gallagher argues for more transparency regarding Dutton’s financial dealings. The prime minister, Anthony Albanese, has not commented on Dutton’s financial interests and was previously criticized for his own significant property purchase. Dutton has not criticized Albanese on his assets or family, referring to Albanese’s clifftop home as his “retirement home” in a radio interview.

Source: https://www.theguardian.com/australia-news/2025/feb/26/peter-dutton-bank-shares-gfc-property-portfolio-ntwnfb