NSW finance minister under fire over owning shares in toll road giant Transurban

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One of the most senior ministers in the NSW government has owned shares in Transurban for years, raising questions over a possible breach of the ministerial code of conduct.

The political future of one of the most senior NSW ministers is in doubt after it emerged he held shares in tolling giant Transurban, which owns most of Sydney’s motorways including WestConnex.

Tudehope said the shares were sold overnight, after conceding that Transurban shares had risen in value considerably since he was appointed minister in 2019. He said he would donate any profit he made, which he expected to be about $6000, to charity. Tudehope said he was in cabinet when there were policy discussions about providing toll relief to motorists but would not have taken part had he known he owned the shares.

 

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