Newman rejects ‘conflict of interest’



CAMPBELL Newman has called on Queensland’s public ethics umpire to declare whether he should update personal financial interest disclosures ahead of a state election that is odds-on to make him premier.


As the row over investments involving his wife, Lisa, escalated yesterday, the former Brisbane mayor and Liberal National Party leader insisted he had at all times declared her interest as a beneficiary of a superannuation fund set up by her wealthy father.

Mr Newman is under pressure to renew the statement of pecuniary interest he made at Brisbane city hall to meet the higher level of disclosure required of MPs, though he is yet to enter parliament. He revealed yesterday that he had on Monday asked state Integrity Commissioner David Solomon for advice on whether he should make additional disclosures of his personal financial arrangements and those of his wife to address Labor charges of a “perceived conflict of interest”.

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This was ahead of a report yesterday in Brisbane’s Courier-Mail claiming that he had failed to declare, while lord mayor, Mrs Newman’s purported stake in a high-rise apartment development on an inner-city property owned by the Frank Monsour Oral Surgery Super Fund, established by her father, a professor of oral and maxillofacial surgery.

Mr Newman attacked the report as “false”, saying he had met all disclosure requirements and his wife’s interest as a beneficiary of the fund had been acknowledged. His office yesterday denied that Mrs Newman had a direct interest in the development site, saying she was a trustee of the trust that owned it.

Her pecuniary interest statement, filled out and signed by Mr Newman on her behalf on April 1, as he prepared to leave city hall, notes that Professor Monsour owns one of the three adjoining properties consolidated in the apartment project, with the other two owned by the Frank Monsour Oral Surgery Super Fund.

The Australian revealed last week that Mrs Newman had been an office bearer of a company set up by her brother, Seb Monsour, to compete for disaster recovery business from the Bligh government. Labor has also zeroed in on Mr Newman’s refusal to detail how much the LNP has kicked in to help him with living expenses since he quit his $211,327-a-year post as Brisbane lord mayor to run for state parliament.

LNP president Bruce McIver yesterday said the “small and modest fee” would be disclosed if Mr Newman was elected, but the former mayor had already exceeded financial disclosure requirements.

 

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