Albanese bans blind trusts and shares for ministers, keeps ‘bonk ban’

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A tough new code of conduct will ban direct shareholdings and blind trusts, while maintaining rules stopping ministers having sex with their staff

Federal government ministers have been told to sell off shareholdings and divest from blind trust arrangements under a tough new code of conduct implemented by Anthony Albanese., the Prime Minister said frontbenchers would be held personally responsible for managing their private financial affairs and could not delegate their responsibility for pecuniary interests to anyone else.

Ministers and assistant ministers will be required to act with due regard for integrity, fairness, accountability, responsibility and the public interest under the code.“I expect ministers to uphold the highest of standards in both their professional and personal lives,” Mr Albanese said. Former attorney-general Christian Porter quit cabinet in 2021 after accepting anonymous donations through a blind trust set up to pay his costs in legal action against the ABC.

Mr Tudge eventually stood down from the frontbench and Ms Miller reportedly negotiated a $500,000 taxpayer-funded payout from the Department of Finance.

 

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But bullies are Ok. Like Wong Gallagher etc

Christ, the LNP were dodgy! This shouldn't even be needed.

But still ok to have property portfolios while also supporting maintenance of negative gearing…

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