Federal election 2025: How rich is your MP?

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Key Findings

The article analyzes the financial interests of Australia's 226 federal MPs, focusing on their property holdings. It finds that a significant majority of MPs from major parties, the Greens, and independents own multiple properties, with the largest property holders owning between five and seven.

Property Investment Among MPs

More than half of MPs are property investors, potentially benefiting from negative gearing and capital gains tax breaks – policies considered controversial due to their potential contribution to high housing prices.

  • 70 of 103 Labor MPs (68%) own at least two properties.
  • 47 of 83 Coalition MPs (56.6%) own multiple properties.
  • 6 of 15 Greens MPs (40%) own multiple properties.
  • 14 of 25 crossbench MPs (56%) own more than one property.

The two MPs with the most properties (7 each) are Coalition MPs Karen Andrews and Nola Marino, both of whom are retiring.

Further Details

The analysis highlights the prevalence of property ownership in Canberra amongst MPs from outside the ACT, and the use of travel allowances to potentially pay off mortgages on second properties. The article also notes that the data is from April 9, 2025, and that only lower house MPs are required to declare family members' assets.

Future Investigations

The author suggests future articles will examine MPs' shareholdings and use of discretionary trusts for tax management.

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