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Those tipped as most likely contenders for the top job include shadow treasurer Angus Taylor and deputy leader Sussan Ley.

Separately, The Times found that UFLAC’s former treasurer, Domingo Albarran Jr., bought a union car at an alleged discount — and then reported an even lower sale price to the state to avoid paying taxes.

All the filings were signed by the PAC’s treasurer saying that “to the best of my knowledge and belief” the information “is true, correct and complete.”

Angus Taylor, Australia's shadow treasurer, wrote on social media that Albanese "mocking the ratings agency shows he's not fit to lead".

The treasurers of eight states wrote an open letter to Tesla’s board of directors last week, voicing concern that “Tesla’s recent performance signals deeper governance and leadership challenges.”