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Mark Di Stefano

Wayne Swan sinking in ASX sand

The former treasurer’s small-cap sand miner commits a classroom M&A snafu.

Former world’s best treasurer Wayne Swan has been building a tidy post-political life. There’s the chairmanship of Cbus, the industry super giant, the commercial property and union donor powerhouse.

He’s on the board of Industry Super Australia, alongside union mates such as Sally McManus and Michael O’Connor, plus membership of the new umbrella organisation, Super Members Council, chaired by his mate Nicola Roxon. He’s also currently national president of the ALP.

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Mark Di Stefano is Rear Window columnist, based in the Sydney newsroom. He previously worked at BuzzFeed, the Financial Times and The Information before joining the Financial Review as a media and tech correspondent. Connect with Mark on Twitter. Email Mark at mark.distefano@afr.com

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    Original URL: https://www.afr.com/rear-window/wayne-swan-sinking-in-asx-sand-20240229-p5f8td