Mr Turnbull argued nearly all members of parliament and many more Australian workers had money in superannuation funds which invested via the Cayman Islands.
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A Labor government would give Australian aid organisations a boost of $30 million a year to make up for cuts by the Coalition but is staying tight-lipped on whether it will restore billions more cut from the broader aid budget.
Labor’s assault on Turnbull’s tax affairs moved to the House of Representatives as a range of Opposition MPs quizzed the PM about his financial affairs.
He said a few of the investments were lodged with companies based at Ugland House, an address in the Cayman Islands once described by US President Barack Obama as “the biggest tax scam on record”.
“In order to avoid conflicts of interest, nearly all of my financial investments are in overseas-managed funds, which means that I have no say in which companies they invest in”.
Just before question time, the Senate ran out of speakers on the bill because none of the eight remaining speakers on the list were in attendance.
“The Muslim community are our absolutely necessary partners in this fight against extremism and we need to work very closely with them”, he said, adding that “the most critically important Australian value in all of this is that of mutual respect”.
Labor’s primary aim is to try to define Turnbull to voters in a certain way, rather than establish any actual wrongdoing, of which it has no evidence.
The opposition has opened itself to the allegation, made by Turnbull, that this “is just another wander down the avenue of the politics of envy; just another smear”.
He accused Mr Turnbull of “going down the Mitt Romney” path.
Mr Turnbull told Parliament he was conscious that he and his wife Lucy had been fortunate in life.
We’re hoping our politicians develop the same love for the Giphy roulette as we at HuffPost Australia – and no doubt countless workplaces across the globe – have, so for Malcolm, Julie Bishop, Christopher Pyne, Warren Truss, Scott Morrison, George Brandis and the rest, we plugged into Slack a bunch of words that would often crop up in a cabinet meeting, to see what came up.
A report in The Australian reveals that Prime Minister Turnbull brought the app to Cabinet as a new way to communicate about “confidential matters”. I don’t believe that my wealth, or frankly most people’s wealth, is entirely a function of hard work.
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“I do not think it is appropriate for me to go into that”, he said.
