previously told Guardian Australia<\/a> that the product was \u201cnot common nor widely held\u201d and had proven to be a \u201cterrible\u201d investment for the Liberal MP.<\/p>\nThe Liberal MP still had the investment even after his recent appointment as shadow treasurer, according to his updated register of interests.<\/p>\n
Wilson told parliament on Wednesday that he had sold the investment, called the Betashares Australian Equities Strong Bear Complex, and had submitted a statement of declaration that was yet to be published.<\/p>\n
\u201cWhile I did make a modest profit at sale, it has mostly been outstripped by the treasurer\u2019s active inflation agenda,\u201d Wilson said.<\/p>\n
\u201cI have donated it to the International Railroad for Queer Refugees, which assists people who need to flee their country from regimes like the Islamic regime in Iran.\u201d<\/p>\n
It is not immediately clear how Wilson profited from the investment given it had lost about 75% of its value between the time he bought it in early 2020, and his most recent register disclosures, made in February.<\/p>\n
Wilson\u2019s office was contacted for comment.<\/p>\n
Recently, the Labor government had criticised Wilson over his investments.<\/p>\n
The Liberal MP\u2019s office has previously declined to disclose the size of the investment, which is typically used as a short-term hedge against market falls.<\/p>\n
Wilson told parliament he had initially purchased the shares to protect against a \u201cblack swan\u201d event linked to the Covid pandemic.<\/p>\n
In market terms, a \u201cblack swan\u201d event refers to an unpredictable, rare occurrence that has a catastrophic impact.<\/p>\n
While the market did sell off shortly after Wilson took out the investment in early 2020, subsequent disclosures show that he held on to it during the market recovery.<\/p>\n
The product takes a \u201cshort\u201d position that profits when the market falls, and uses gearing to magnify gains, and losses.<\/p>\n","protected":false},"excerpt":{"rendered":"Tim Wilson has sold out of his \u201cterrible\u201d bet against the Australian share market, and claimed to have…\n","protected":false},"author":2,"featured_media":518126,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[43,44,41,39,42,40],"class_list":["post-518125","post","type-post","status-publish","format-standard","has-post-thumbnail","category-headlines","tag-headlines","tag-news","tag-top-news","tag-top-stories","tag-topnews","tag-topstories"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/518125","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=518125"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/518125\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/518126"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=518125"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=518125"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=518125"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
![\"Tim](\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/03\/8256.jpg\")
Tim Wilson stuns Australian parliament with attempt at singing Billy Joel song \u2013 video <\/p>\n