Throughout the campaign, media stories about Baillieu's extensive blue chip share portfolio, at the time estimated to be worth almost $4 million, raised questions about conflicts of interest. Baillieu's handling of the issue and his refusal to place his investments in a blind trust were both thought to have hurt the Liberal Party during the campaign. At the 25 November 2006 election, the Liberals came up well short of winning government, though they managed to take six seats off Labor's large majority.