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Labor MP's Undeclared $2.31 Million Property (Read 3981 times)
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Labor MP's Undeclared $2.31 Million Property
May 17th, 2016 at 5:55pm
 
Labor frontbencher David Feeney owns an undeclared $2.31 million property, potentially placing him in "serious contempt" of the Parliament.

And the ALP power broker says he "doesn't know" if the house is negatively geared - despite Labor's proposed changes to property tax rules being a key election issue - while also admitting the renovations he claimed had prevented him from living in the home have not actually begun.

http://www.smh.com.au/federal-politics/federal-election-2016/election-2016-david...
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« Last Edit: May 17th, 2016 at 6:04pm by ____ »  
 
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Re: Labor MP's Undeclared $2.31 Million Property
Reply #1 - May 17th, 2016 at 6:07pm
 
dear oh dear.. is this any surprise to anyone?

Labor and lies.. like peas in a pod
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Re: Labor MP's Undeclared $2.31 Million Property
Reply #2 - May 17th, 2016 at 6:47pm
 
Should the guy stand down and allow another candidate run in Batman?
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Re: Labor MP's Undeclared $2.31 Million Property
Reply #3 - May 17th, 2016 at 6:57pm
 
____ wrote on May 17th, 2016 at 5:55pm:
Labor frontbencher David Feeney owns an undeclared $2.31 million property, potentially placing him in "serious contempt" of the Parliament.

And the ALP power broker says he "doesn't know" if the house is negatively geared - despite Labor's proposed changes to property tax rules being a key election issue - while also admitting the renovations he claimed had prevented him from living in the home have not actually begun.

http://www.smh.com.au/federal-politics/federal-election-2016/election-2016-david...


Sooooo...what's your whinge?  That he omitted putting it in the Register or that he might have it negatively geared?
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Re: Labor MP's Undeclared $2.31 Million Property
Reply #4 - May 17th, 2016 at 7:09pm
 
Omitted?
How many here would forget about a $2.31 million property?


Also he claimed he didn't live in it due to renovations.
Yet it's tenanted, and the renovations haven't begun.
So he didn't live in the seat he wants to represent, and he created a lie to hide behind.

Is this really what labor is all about?
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Re: Labor MP's Undeclared $2.31 Million Property
Reply #5 - May 17th, 2016 at 7:16pm
 
____ wrote on May 17th, 2016 at 5:55pm:
Labor frontbencher David Feeney owns an undeclared $2.31 million property, potentially placing him in "serious contempt" of the Parliament.

And the ALP power broker says he "doesn't know" if the house is negatively geared - despite Labor's proposed changes to property tax rules being a key election issue - while also admitting the renovations he claimed had prevented him from living in the home have not actually begun.

http://www.smh.com.au/federal-politics/federal-election-2016/election-2016-david...



Meanwhile, from the same article:

"Contacted by Fairfax Media after the story broke,
Greens deputy leader Scott Ludlam was reluctant to comment as he said he was "checking his property portfolio to see if he had also forgotten about a $2.3 million property he owned".


Own Goal Greens?

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Re: Labor MP's Undeclared $2.31 Million Property
Reply #6 - May 17th, 2016 at 7:25pm
 
Vic wrote on May 17th, 2016 at 7:16pm:
____ wrote on May 17th, 2016 at 5:55pm:
Labor frontbencher David Feeney owns an undeclared $2.31 million property, potentially placing him in "serious contempt" of the Parliament.

And the ALP power broker says he "doesn't know" if the house is negatively geared - despite Labor's proposed changes to property tax rules being a key election issue - while also admitting the renovations he claimed had prevented him from living in the home have not actually begun.

http://www.smh.com.au/federal-politics/federal-election-2016/election-2016-david...



Meanwhile, from the same article:

"Contacted by Fairfax Media after the story broke,
Greens deputy leader Scott Ludlam was reluctant to comment as he said he was "checking his property portfolio to see if he had also forgotten about a $2.3 million property he owned".


Own Goal Greens?




Sarcasm.

We all should check our back pockets for $2.31 million properties.
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Re: Labor MP's Undeclared $2.31 Million Property
Reply #7 - May 17th, 2016 at 7:26pm
 
____ wrote on May 17th, 2016 at 7:09pm:
Omitted?
How many here would forget about a $2.31 million property?


Looks like a dump to me.  But.....he says he omitted it.  Hardly likely to get away with trying to hide it when a simple Titles Office search would reveal all.


Quote:
Also he claimed he didn't live in it due to renovations.


So what?

Quote:
Yet it's tenanted, and the renovations haven't begun.
So he didn't live in the seat he wants to represent, and he created a lie to hide behind.


So what?

Quote:
Is this really what labor is all about?


What is this?
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Re: Labor MP's Undeclared $2.31 Million Property
Reply #8 - May 17th, 2016 at 7:29pm
 
President Elect, The Mechanic wrote on May 17th, 2016 at 6:07pm:
dear oh dear.. is this any surprise to anyone?

Labor and lies.. like peas in a pod



he must be MEGA RICH to be able to forget a $2.31 Million dollar property... WHAT?


smacks of PALMER forgetting he stole employees entitlements...


and they get elected to govt.... Grin Grin Grin Grin



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Re: Labor MP's Undeclared $2.31 Million Property
Reply #9 - May 17th, 2016 at 7:31pm
 
ooops I might have guessed aussie would excuse this blunder...


wonder what Palmer forgot to tell the remunerations board,... and the TAX MAN....did he mention that massive bonus he shouted himself..at the expense of the people who helped make the money. Roll Eyes Roll Eyes Roll Eyes
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Re: Labor MP's Undeclared $2.31 Million Property
Reply #10 - May 17th, 2016 at 7:33pm
 
The pair have also declared ownership of an investment property in the Melbourne suburb of Seddon purchased for $380,000 back in 2004.

But Mr Feeney has not declared the $2.31 million Northcote property, purchased on December 24, 2013, more than two years after the parliamentary deadline. The rules around what MPs must declare are quite strict and require that all property, shares and gifts worth more than $300 be reported within 28 days.

Although Mr Feeney updated his register twice in 2015, on neither occasion did he declare the Northcote house.

When Fairfax Media visited the property on Tuesday neighbours said they were aware of the MP's renovation plans but there was no sign of work under way.

The Darebin City Council website revealed a building permit application was submitted on August 12, 2015 - nearly two years after the 2013 election and the purchase of the property, but no commencement date is listed for the building of the new dwelling.

When contacted about the omission on Tuesday, Mr Feeney initially said he believed the property was declared on his register before conceding it was not and promising "that is something I will look in to straight away".

The property was listed for $700 a week rent on Domain.com.au as recently as January 2016 and Mr Feeney confirmed that tenants were on a lease that ran until July and after that, "I think we are proposing to move to month to month".

Asked why he had told Fairfax Media the Northcote property was being renovated when no work had commenced, Mr Feeney said: "it's our intention to renovate, we are tendering with builders" and that architects plans had been completed.

Mr Feeney said his Seddon property was negatively geared but "I don't know about Northcote".

"It is a matter of public knowledge that my wife and I purchased a home in Northcote in 2013. This has been reported in the media. There has been no conflict of interest in my wife and I having our home in Northcote," he said.

Contacted by Fairfax Media after the story broke, Greens deputy leader Scott Ludlam was reluctant to comment as he said he was checking his property portfolio to see if he had also "forgotten about a $2.3 million property he owned".

"This improves Alex Bhathal's chances of winning the seat, this is a remarkable act of carelessness. How do you forget a $2.3 million property?"

And Liberal frontbencher Alex Hawke said Mr Feeney "clearly had to answer questions about these issues".

"Everyone understands the requirement in relation to disclosing their property," he said.

"It is odd that he can't recall if he is negatively geared or positively geared, given you have to declare this on your tax return."

Under parliamentary rules, MPs must update their register of interests, including property holdings, within 28 days and if an MP fails to do this they could be found "guilty of a serious contempt of the House of Representatives and shall be dealt with by the House accordingly".

In practice, that means Mr Feeney could be referred to the House Privileges committee and censured.

The last MP to be censured in this way was disgraced former Labor MP Craig Thomson

http://www.smh.com.au/federal-politics/federal-election-2016/election-2016-david...
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Re: Labor MP's Undeclared $2.31 Million Property
Reply #11 - May 17th, 2016 at 7:47pm
 
This is why political forums can be so silly.  The same set of information/facts will be defended or attacked depending on the party of the person.

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Re: Labor MP's Undeclared $2.31 Million Property
Reply #12 - May 18th, 2016 at 6:55am
 
Contacted by Fairfax Media after the story broke,
Greens deputy leader Scott Ludlam was reluctant to comment as he said he was checking his property portfolio to see if he had also "forgotten about a $2.3 million property he owned".



Under parliamentary rules, MPs must update their register of interests, including property holdings, within 28 days and if an MP fails to do this they could be found "guilty of a serious contempt of the House of Representatives and shall be dealt with by the House accordingly".

In practice, that means
Mr Ludlum
could be referred to the House Privileges committee and censured.

The last MP to be censured in this way was disgraced former Labor MP Craig Thomson
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Re: Labor MP's Undeclared $2.31 Million Property
Reply #13 - May 18th, 2016 at 7:18am
 
Has happened to libs before as well. 
As long as it wasn't a gift with potential conflicts of interest, just declare it.  Nothing else of interest.
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Re: Labor MP's Undeclared $2.31 Million Property
Reply #14 - May 18th, 2016 at 7:25am
 
What's the address of the property?
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