Our hybrid Prime Minister

18 September 2015

As part of his declaration in the parliament’s register of member’s interests, Australia’s new prime minister, Malcolm Turnbull, has declared an interest in several hybrid securities including one from an offshore issuer. In his 2013 declaration, entities associated with, or controlled by, the PM include euro-denominated Santos Finance Ltd subordinated notes, some Babcock & Brown (in liquidation) notes, Multiplex “SITES” and State Bank of India perpetual hybrids.