Mehreen Faruqi,Elizabeth Watson-Brown and Nick McKim all own multiple investment properties.Credit:Alex Ellinghausen
Greens party leader Adam Bandt last week released a policy wish list to tackle surging rents and a tight property market,which included a two-year national rent freeze,abolishing the capital gains discount on assets more than 12 months old,building 225,000 new publicly-owned rentals over a decade and axing the negative gearing tax deduction for people who have more than one investment property.
Parliament’s registers of members’ and senators’ interests reveal that seven of the Greens’ 15 MPs and their spouses own 14 investment properties.
The biggest property owners are Greens Treasury spokesman Nick McKim (four),deputy leader Mehreen Faruqi (four) and first-term Queensland MP Elizabeth Watson-Brown (three),while the spouse of justice spokesman David Shoebridge owns three investment properties.
In addition to his home,McKim has declared investment properties in Nubeena and New Norfolk,in Tasmania,and a shack in Nubeena as well.
Over the weekend,McKim personally attacked Anthony Albanese for “forgetting where he came from” after the prime minister promised $240 million to help pay for a new AFL stadium in Hobart.
McKim said the prime minister “should just shut up about his childhood story[growing up in social housing with a single mother] until he commits to raising income support and a decent response to the rental and housing crisis. His mum would probably be living out of a car or a tent these days”.