Northern Territory Chief Minister issues statement 16 November

NT Government

Today I have taken steps to divest a minor shareholding in Woodside Energy Group.

The 169 shares in Woodside originate from a gift from my grandmother of some shares in BHP in 1985, when I was seven years old. The Woodside shares were issued last year as a result of a merger between the two companies, and were properly declared.

I have always declared share holdings while a Member of Parliament, in accordance with the legislation.

I have never had any dealings with Woodside as Chief Minister. The Government has not had to make any decisions relating to Woodside or its interests.

While there has never been a conflict, I will not let this be a distraction from the real issues facing the Territory, or let it be used by the Territory’s opponents to try and stop us from building the Territory’s future.

I am divesting these shares to end this distraction. I am staying focussed on what really matters to Territorians – growing the economy and creating jobs, tackling cost of living pressures on families, and making the Territory a safer place for all.

Those are my priorities as Chief Minister, and it’s what I’ll keep working every day to deliver.

Northern Territory Government

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