How many properties do MPs need?
Related Links
Relevant offers
Politics
Twenty MPs have interests in at least four properties, and one MP has money in a set of ruins in France.
The list, reavealed as part of the annual register of MPs financial interests, shows eight MPs have interests in at least six properties. These MPs include John Key, Amy Adams, Gerry Brownlee, Hillary Calvert, Aaron Gilmore, Chris Tremain and Paul Hutchinson.
Cam Calder, a National list MP, declared he is involved in restoring a ruin in Gers, France.
The biggest investor is Chris Tremain, National MP for Napier, who has interests in 15 investment properties.
Outgoing National MP Georgina Te Heu Heu has interests in dozens of properties held in common with many thousands of other Maori owners.
Amy ADAMS (National, Selwyn)
Farm property, Aylesbury (in trust)
Farm land, Darfield (in trust)
Farm land, Te Kauwhata (in trust)
Commercial property, Templeton (in trust)
Commercial property, Temuka (in trust)
Residential property, Fendalton, Christchurch (in trust)
Residential property, Riccarton, Christchurch (in trust)
Shane ARDERN (National, Taranaki-King Country)
Half share in house, Onaera
Dairy farm (owned by trust), Te Kiri, Taranaki
Town house (owned by trust), Wellington
Hon Gerry BROWNLEE (National, Ilam)
Property, Havelock, Marlborough
Property, Havelock, Marlborough (beneficial interest)
Property, Marlborough Sounds (beneficial interest)
Property, Ilam, Christchurch
Property, Bryndwr, Christchurch
Property, Fendalton, Christchurch
Dr Cam CALDER (National, List)
Family home, Devonport, Auckland
Property, Devonport, Auckland
Properties (x2), Ponsonby, Auckland
Restoration project of ruin, Gers, France
Hilary CALVERT (ACT, List)
Family home, Dunedin
Commercial buildings (x11), Dunedin
Backpackers, Queenstown
Student flats, Dunedin
Flats (x4), Dunedin
Manse, Oturehua (house and land)
Church, Oturehua
School house, Oturehua (house and land)
Farm, Oturehua
House, Karitane
Hon Dr Jonathan COLEMAN (National, Northcote)
Residential property (held in trust), North Shore
Rental property (held in trust), Auckland City
Apartment (held in trust), Wellington
Jacqui DEAN (National, Waitaki)
Family home, Oamaru
Holiday home, Moeraki
Apartment, Wellington
Hon Peter DUNNE (United Future, Ōhariu)
Family home (jointly owned), Wellington
Holiday home (jointly owned), Taupo
Kris FAAFOI (Labour, Mana)
Family home (jointly owned), Kilbirnie, Wellington
Christopher FINLAYSON (National, List)
Apartment, Wellington
Aaron GILMORE (National, List)
House (jointly owned), Parklands, Christchurch
Apartment (jointly owned), Queenstown
Commercial building (jointly owned), North New Brighton, Christchurch
House, Long Beach, Dunedin
Property (jointly owned), Waitaki Valley
Apartment, Wellington
Hon Phil GOFF (Labour, Mt Roskill)
Family home and farm property (jointly owned), Auckland
House (jointly owned), Mt Roskill
Sandra GOUDIE (National, Coromandel)
Property, Kopu Hikuai Road
Property, Hamilton
Property, Otautu Bay, Colville
Property, Auckland
Hon Tim GROSER (National, List)
Apartment, Thorndon, Wellington
Apartment, Auckland CBD
Hotel room, Auckland CBD
House (home), Titirangi, Auckland
Nathan GUY (National, Ōtaki)
Property, north of Levin
Property (jointly owned), Waitarere Beach
Property, Thorndon, Wellington
Kevin HAGUE (Green, List)
Family home, near Rutherglen, Greymouth
Family trust-owned home, Hillcrest, Hamilton
Family trust-owned house, Hahei, Coromandel Peninsula
LAQC-owned house, Onetangi, Waiheke Island
John HAYES (National, Wairarapa)
Apartment, Wellington
Land and buildings, Greytown
Family bach, Queenstown
Phil HEATLEY (National, Whangarei)
Family home, Whangarei
Office, Whangarei
Apartment, Wellington
House, Wellington
Houses (x2) held in parents’ family trusts, Whangarei
Chris HIPKINS (Labour, Rimutaka)
Residential property, Trentham, Upper Hutt
Residential property, Raumati South, Paraparaumu
Dr Paul HUTCHISON (National, Hunua)
Holiday home (part share), Taupo
Home, Franklin, South Auckland
Apartment, Wellington
Commercial property, Pukekohe
Commercial property, Snells Beach
Farm (part share), Wairekia Valley, Oamaru
Family trust property (part share), Otaki
John Key, (National, Helensville)
Family home, Parnell, Auckland
Office, Huapai, Auckland
Holiday home, Omaha, Rodney
Holiday home, Maui, United States of America
Apartment, London, England
Apartment, Wellington
Hon Trevor MALLARD (Labour, Hutt South)
Home, Wainuiomata
Todd McCLAY (National, Rotorua)
Property (jointly owned), Brussels, Belgium
Property (trust and beneficiary), Pukehina
Property (trust and beneficiary), Rotorua
Property (trust and beneficiary), Wellington
Murray McCULLY (National, East Coast Bays)
Holiday home (owned by trust), Whangarei District
Apartment (owned by trust), Wellington
Land (owned by trust), Rodney District
Sue MORONEY (Labour, List)
Family home (jointly owned), Hamilton
Farm (jointly owned), Waikato
Apartment (jointly owned), Wellington
Holiday home (jointly owned), Coromandel
Hekia PARATA (National, List)
Rental house, Karori, Wellington
Rental house, Titahi Bay, Wellington
Family house, Tokomaru Bay, East Coast
Family apartment, central business district, Wellington
Ngamoe Land Block, Ruatoria, East Coast
David PARKER (Labour, List)
Family home (jointly owned), Dunedin
Holiday home (jointly owned), Karitane, Otago
Investment property (owned in partnership), Alexandra, Otago
Investment property (owned in partnership), Dunedin
Paul QUINN (National, List)
Property (jointly owned), Waiheke Island
Property (jointly owned), Ohakune
Property (jointly owned), Sunshine Coast, Australia
Interests in various Māori land blocks, Bay of Plenty
Katrina SHANKS (National, List)
Family home, Wellington
Farmlet, Dannevirke
Rental properties (x2), Wanganui
Pita SHARPLES (Māori Party, Tāmaki Makaurau)
Family home, Henderson, Auckland
Apartment, Wellington City
Kaimotumotu B, Māori Land, Waipukurau
David SHEARER (Labour, Mt Albert)
House, Avondale, Auckland
House, Birkenhead, Auckland
Section, Point Chevalier
Section (jointly owned), Whananaki
Georgina TE HEUHEU (National, List)
Family home (jointly owned), Taupo
Family land (jointly owned), Taupo
Family land (tenant in common as to 1/3 interest), Taupo
Maori land blocks in which beneficial interests are held in common with many thousands of other Maori owners: Manunui 3; Pukawa B, 5B, 4C1B, C, 4C3B, 10, D3; Hohotaka 1A, 1B1, 2F3; Ohura South B 2A; Waituhi Kuratau 3; Waihi Kahakaharoa 1Z2B2B; Whangaipeke 7B1, X, 10; Kaimanawa 3B 2A, 1F; Papakai 2B3; Tauhara Middle 4A1A1, 4A1B, 4A1C, 12, 18, 4A1R2, 4A 1Q 36B & 36A, 4A 1I6; Tauhara Survey District Part Section 4 Block XII, Section 5 Block XII; Pahautea F; Waipahihi C48, Waipahihi Reserves; Pohokura 7A; Te Matai No 1, Te Matai No 2; Maketu 5 D Sec 30 B Block 2; Te Manawa o Tuhoe A; Matahina F; Okoheriki 1H North 3B; Ruatoki B61B, B40B2; Runanga 2C2A; Paengaroa North A1; Mokoia; Kaituna; Rotoiti 15; Onuku; Rotohokahoka F4; Okataina 10, 6B2, 6B1; Tumu Kaituna 14; Maketu SD Sec 30B; Te Manawa o Tuhoe A; Te Teko A4; Whirinaki 21D1; Owhaoko A East
Anne TOLLEY (National, East Coast)
Family home (jointly owned), Gisborne
Three shops and two offices (jointly owned), Pirimai, Napier
Interest in section (jointly owned), Pirimai, Napier
House (family trust), Gisborne
Chris TREMAIN (National, Napier)
Family home, Napier
Family bach, Waipatiki
Land (x2), Waipatiki
Residential investment properties (x5), Napier and Hastings
Apartment investment properties (x4), Napier and Hastings
Commercial investment properties (x6), Napier and Hastings
Land, Napier
Nicky WAGNER (National, List)
Family home (jointly owned), Christchurch
Apartment (jointly owned), Wellington
Commercial property (jointly owned), Sydenham, Christchurch
Commercial property (jointly owned), Sockburn, Christchurch
Holiday home (owned by trust), Picton
- © Fairfax NZ News
Sponsored links
Newest First
Oldest First
Why can MP's invest in a property that they can then use as their electorate office (collecting a rent from Parliamentary Services)? The MP collects both the rent and (over time) makes a capital gain. This seems fundamentally wrong to me.
There is a good reason why there would be more National multiple property owners on this list than Labour...because unlike the latter, most National MPs actually worked before taking the taxpayer dollar. So really the question is, how did they not only earn enough money & accumulate it to own so many properties make no mistake, many bought these properties well before entering parliament)? What was it that made them successful? Perhaps the ability to hide their income in trusts and companies making a loss? Well then you have Labour to thank for that. Bottom line they're all tarred with the same brush, the difference is the this National govt knows how to manage money unlike the former Labour govt that mismanaged a decade of surpluses making us one of the first countries to succumb to the recession. @ Cassidy #104 - I agree. It's garbage. @ Brynn #108 re "Why is Amy Adams the only MP listed have ALL her properties in trust thus reducing her tax burden, not a good look." You don't know this. They may be making a profit which means no loss to pass on to the beneficiaries. Also National have closed some of these loopholes from 1 APril this year....unlike Labour who essentially created them by default when the introduced the top rate of tax in 2000 and allowed the rich to get away with not paying their fair share for 9 years!!!!!
Serving the public or themselves? Pretty clear really. Wake up NZ
So....Bill 'The Dipton Double Dipper' English now owns NO properties? There's a Tui Bill-board.
"CGT and Land Tax wouldn't work here in NZ" Yeah, now you know why! They won't do anything to hurt themselves in the pocket
This list only scratch's the surface of what MP's own, and have looked through it with interest. For example Louise Upston is on the list with one property - but she does accurately list her family trust - "Upston Family Trust" - that last time I checked, this trust owned 20 ++ investment properties.
Louise is not alone and there are many others who have clearly done this on the list.
One would have to look further behind the curtain of these MP's trusts & companies to find the true level of property ownership/control.
OK, here is another challenge to our media. Instead of ranting about how many properties MP's own or how much of a tax cut the CEO of Telecom got, how about telling us how many properties our All Blacks own and how many trusts they have, or how much of a tax cut they got, or what their total income is. Then, it would be interesting to see if the great unwashed and financially illiterate in this country complain about how unfair that is. Lets have some perspective around the whole thing.
I don't begrudge the investor doing this, but let us get it straight. So, we have been told by the gnomes of Treasury and the Govt that ordinary citizens investing in property have been ill advised and have been bad for the country in over inflating property prices yet the MPs of that Govt do exactly the same thing like no tomorrow. Consistency and a lack of hypocrisy is a great thing. It is little wonder the spectre of a capital gains tax on investment property never emerges from Parliament. They'd be the first to be hit.
It does make it clear why National is so against capital gains taxes...
Murder sentence 'not excessive'
Death threat emails 'clearly a hoax'
Climber dies in Fiordland fall
School bus crash accused in court
Heavy rains, wind pound country
Man jailed for crossbow, machete incident
Engineer denies conflict of interest'
Carterton tragedy: Safety chief would refuse balloon ride
Foreign Affairs Ministry confirms 305 jobs to go
Carterton tragedy: Safety chief would refuse balloon ride
Major courts overhaul proposed
Foreign Affairs Ministry confirms 305 jobs to go
Mob cancels star's performance
Kiwis not up with online security
Helena Bonham Carter 'honoured'
New hope for kiwifruit growers
Gender non-conformity linked to abuse
Nelsen cleared to lead NZ against Jamaica
Robinson starts for Chiefs against old team
Man's childhood comic collection fetches $4.2m
Carterton tragedy: Safety chief would refuse balloon ride
Mob cancels star's performance
Girl's three-hour punishment run fatal
Model ignores Victoria's Secret snub
Study looks at Kiwis' height, weight
Jennifer Aniston loves being lewd
PSA disappointed Key won't discuss cuts
EU expects eurozone to suffer mild recession
Policewoman's alleged attacker bitten
Protester hijacks Auckland Council meeting
Mob cancels star's performance
What it means to live in Christchurch
Murder sentence 'not excessive'
Rate the Government's restructuring of the public service:
All safely protected from IRD by complex trust structures of course.