Over the weekend, Fairfax posted an article on how immigration minister, Peter Dutton, has added a sixth investment property to his portfolio:
Immigration Minister Peter Dutton quietly added a sixth property to his impressive and expanding portfolio…
Before entering Parliament in 2001, Mr Dutton was a police officer for nine years… It takes the value of the Dutton portfolio to a likely minimum of approximately $5 million…
His admirable portfolio still does not match the property empires of several other MPs.
Prime Minister Malcolm Turnbull and his wife Lucy have seven properties, including their Point Piper home, a Hunter Valley farm and New York apartment.
Nationals MP David Gillespie has 18 properties, including 17 for investment purposes.
Liberal MP Ian Goodenough has nine – three residential and six investment.
LNP MP Karen Andrews has six investment properties and one residential.
Certainly helps to explain why the Coalition refuses to act on key affordability issues – like tax, foreign buyers, mass immigration, planning/infrastructure and bank lending practices – when they have so much skin in the game. They have a vested interest in maintaining high housing prices.
