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

The Guardian - World NewsCenter-LeftEN 2 min read 100% complete by Jonathan Barrett Business editorMarch 4, 2026 at 09:48 AM

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Liberal MP Tim Wilson, the shadow treasurer, has sold his controversial investment in a leveraged product that profits from declines in the Australian share market (ASX 200). The investment, held since early 2020, was criticized as unusual for a politician due to its reliance on economic downturns for profit. Wilson stated he made a "modest profit" from the sale, which he has donated to the International Railroad for Queer Refugees, an organization supporting LGBT individuals fleeing Iran. Despite holding the investment through market recovery and recent criticism from the Labor government, Wilson defended the initial purchase as a hedge against a potential "black swan" event linked to the COVID-19 pandemic. The exact profit amount and how it was achieved, given the product's reported losses, remain unclear.

Key Entities & Roles

Key Player Opposition Context

COVID-19 pandemic 40% Iran ×240% Labor Party of Australia 40% International Railroad for Queer Refugees 50% Guardian Australia ×250% Betashares Australian Equities Strong Bear Complex 50% Liberal Party of Australia ×260% ASX 200 60% Australia ×270% Tim Wilson ×890%

Keywords

tim wilson 100% share market 90% investment 80% asx 200 70% profit 70% market falls 60% short position 60% liberal mp 50% black swan event 50% lgbt rights 40%