Stories about politicians’ property portfolios are collected here.
ABC, April 19th:
There’s no housing affordability crisis in the ranks of Federal Parliament’s members and senators.
The politicians charged with tackling the thorny issue of spiralling house prices are among the nation’s most aggressive property investors, an analysis by the ABC has revealed.
The 226 individuals own 525 properties between them and about half of them own investment properties.
That means many of our politicians have a very personal interest in any changes to negative gearing and the capital gains tax discount.
And the full list:
Fairfax, April 22nd:
Talk about skin in the game: Australia’s 225 federal politicians have $370 million tied up in the property market.
And that’s a conservative estimate based on the assumption that each of their 561 declared properties is worth the average Australian dwelling price of $656,800.
These 561 properties include primary and secondary homes, investment properties, holiday homes, commercial buildings and vacant undeveloped land owned by the MPs and their spouses. They also include a handful overseas.