Barnaby Joyce invested in shares and cattle for his two-year-old son Sebastian after receiving $150,000 for Sunday Night tell-all interview
- Nationals MP Barnaby Joyce and Vikki Campion paid $150,000 for interview
- The pair later revealed the money would be held in trust for their son Sebastian
- Channel 7’s Sunday night paid for interview after Joyce and Campion’s affair
- The couple has had another son with the four living near Armidale in NSW
- Documents show the $150,000 was invested in shares that performed very well
Former deputy prime minister Barnaby Joyce has bought cattle for his son Sebastian Joyce with the $150,000 he was paid for a tell-all interview about his affair with Vikki Campion.
When declaring his registered interests for federal parliament, Mr Joyce revealed he had purchased multiple cattle using his baby son’s trust fund created after a 2018 interview on Channel 7’s Sunday Night.
Mr Joyce and his partner Vikki Campion were criticised after being paid over a hundred thousands dollars for the chat that delved into their affair, which was a political scandal at the time.
Barnaby Joyce and partner Vikki Campion have said the $150k paycheck from their 2018 interview (pictured) would be held in trust for their newborn son Sebastian, with neither of them having access
Former deputy prime minister Barnaby Joyce has bought cattle for his son Sebastian Joyce with the $150,000 he was paid for a tell-all interview about his affair with Vikki Campion (stock)
On April 16 the following year Ms Campion gave birth to a son, Sebastian, with the three living near Armidale in the New England area of New South Wales.
The pair welcomed a second son, Thomas, on June 1 2019.
Little Sebastian has an eye for the market, as prices for beef hit record highs since the cattle was purchased.
In addition to cows, the parliamentary documents show that the Sebastian Joyce Trust is spread across shares in a dozen Australian listed companies – with a few being some of the ASX’s standout winners.
The portfolio is invested in payment company AfterPay which skyrocketed in value in the last 12 months, rising 268 per cent in value in the twelve months until February 10, 2021.
Joyce, Ms Campion and baby Sebastian (pictured) live in regional New South Wales with the couple’s other son Thomas
Other investments included 5G Network, Australian Agricultural Company, BHP, Appen Limited, Lynas Rare Earths, Macquarie Group, NAB, Ramelius Resources and Birtus Health have all grown in value over the last 52 weeks.
Even Sydney Airport has seen an increase in share value from one year ago according to the ASX. The only shareprice to drop was CSL.
The fund’s success likely has little to do with the former deputy PM’s stock picks, however, with the trust reportedly being independently administered.