Scott Morrison on the revolving door- government nuclear AUKUS deal, to Dyne, company advising on AUKUS

Facing post-Parliament poverty, multitasking Morrison looks to seafloor for riches

What to do when your taxpayer-funded salary drops from $549k, to $225k, to nothing? Multitask, of course.

Crikey, ANTON NILSSON, MAY 30, 2024

Scott Morrison has yet another new job — and like some of his other post-Parliament gigs, it’s tangentially linked to the AUKUS submarine pact he helped set up as prime minister. 

The Age reports Morrison is listed as a strategic advisor at a newly created venture called the Seafloor Minerals Fund, alongside ex-US secretary of state Mike Pompeo. Both men are also behind venture capital firm DYNE, set up to support the strategic goals of AUKUS, and which also has interests in deep sea mining, according to the story. 

Crikey figured it was time to have another look at Morrison’s post-politics career. 

In need of cash …………………………………………..

Multitasking 

So what has Morrison done to set himself up for success? His LinkedIn lists three jobs: author, non-executive vice chairman of American Global Strategies, and board member at “various companies”. The voters who brought you Scott Morrison want stronger anti-corruption protectionsRead More

As an author, he’s already published his first work: the religious memoir Plans For Your Good. The book was aimed at the $1.175 billion US Christian book market, but in Australia, it’s reportedly sold very few copies so far. 

At American Global Strategies, Morrison is working with two former Donald Trump staffers to “help clients navigate a highly dynamic geopolitical landscape that presents risks and opportunities”, in the ex-PM’s own words. 

As a strategic advisor to DYNE, Morrison hopes to advance investment in dual-use technologies — inventions that have military and civilian applications. That innovation is being helped by the second pillar of AUKUS, the one that has to do with tearing down military-industrial trade barriers between the US, UK and Australia. The new gig, with the Seafloor Minerals Fund, will set Morrison and Pompeo up for taking advantage of the estimated trillions of dollars in rare metals estimated to be on the seafloor. According to The Age, Australians can expect a fierce future debate about the merits and risks of mining the seabed for minerals, as China seeks to do the same.  https://www.crikey.com.au/2024/05/30/scott-morrison-seafloor-minerals-fund/?utm_medium=Social&utm_source=Twitter#Echobox=1717042244

June 2, 2024 - Posted by Christina Macpherson | AUSTRALIA - NATIONAL, business, secrets and lies