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Barnaby Joyce renting out Tamworth home for $625 a week – Cornerstone Wealth Management
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Barnaby Joyce renting out Tamworth home for $625 a week

Under House of Representatives rules, MPs should declare “the nature of any other substantial sources of income” and the explanatory notes for the register of interest say MPs should declare income above $1000 a year.

But the property was described as “residential” on the official register until Tuesday, after news.com.au first contacted Mr Joyce asking why rental income was not being declared.

For two days, Mr Joyce and his office have declined to answer news.com.au’s questions over whether he needs to update Parliament’s register of interests over the property he owns in Loomberah.

Instead, they updated the register to change the listing to an investment property. However, they have still not declared the rental income.

RPdata records show it was listed for rent on February 10, 2021 for $625 per week by Ray White Tamworth.

The real estate agency has told news.com.au it was leased out for six months on a short-term lease.

If the property was leased before March, it suggests that the rental income could be as high as $10,000.

Source: News.com.au

Posted in Regional News