A five-bedroom harbourside compound, a cattle farm and a coastal retreat: Inside the privileged life of Joe Hockey, who doesn’t think poor people drive cars

By Kate Lyons for Day by day Mail Australia
Published: 02:24 BST, 14 Regal 2014 | Updated: 08:46 BST, 30 December 2014
Treasurer Joe Hockey’s individual riches has come under the spotlight after his remarks that ‘poor individuals don’t drive cars’ driven to allegations that he is a ‘cigar-chomping Foghorn Leghorn’ who is out of touch with Australians.

Mr Hockey what’s more, his mogul broker spouse Melissa Babbage, claim four properties between them, counting a five-bedroom harbourside family home in Seekers Hill, one of Sydney’s wealthiest harbourside suburbs, accepted to be worth more than $5 million, which they purchased for $3.5 million in 2004.

Their $10 million property portfolio moreover incorporates a 200 hectare steers cultivate in Queensland what’s more, a wonderful six-bedroom waterfront withdraw with 180-degree sees of the shoreline in Stanwell Park, an hour south of Sydney. Mr Hockey’s explanation of registrable interests, made in 2010, too records him as joint proprietor of a property in the esteemed Canberra suburb of Forrest.

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Mr Hockey has come under fire after commenting recently that rich individuals spend more on fuel than poor families since poor individuals don’t have autos or, on the other hand don’t drive far.

‘The poorest individuals either don’t have autos or, on the other hand as a matter of fact don’t drive exceptionally far in numerous cases,’ he told ABC Radio in Brisbane.

Mr Hockey  has beforehand demanded that while his adversaries might run the ‘wealthy line’, the cash truly has a place to his wife, who until 2011, worked as head of the remote trade what’s more, worldwide back division of Deutsche Bank.
But Mr Hockey’s life hasn’t been one you would typically relate with struggle. The treasurer, who was imagined getting a charge out of a stogie outside parliament after reporting his government financial plan in May, gone to the tip top St Aloysius’ School in Milson’s Point.
When he cleared out home for university, he gone to one of the country’s most costly college residences, St John’s School at the College of Sydney, a well known organization for Sydney’s private school instructed children.

It was at Sydney College that he got his begin in politics, chosen as the president of the Understudy Delegate Council.

In his articulation of registrable interests of interests in 2010 Mr Hockey records that he is a supporter of two north shore golf clubs, a part of the North Shore Authentic Society what’s more, a part of the Illustrious Sydney Yacht Squadron, among other charitable, brandishing what’s more, social groups.

Mr Hockey’s remarks about the driving propensities of poor came as the government needs to reintroduce twice-yearly indexation of the fuel excise, a financial plan measure restricted by both Work what’s more, the Greens who say it will hit low-income families the hardest.
The remark drew a censure from Work pioneer Charge Abbreviate what’s more, a few welfare groups.

‘Are you serious, Joe Hockey? Are you truly the stogie chomping, Foghorn Leghorn of Australian legislative issues where you’re saying that poor individuals don’t drive cars?’ Mr Abbreviate told correspondents in Perth.

Mr Hockey today expelled Work feedback that he was out of touch with regular Australians, calling Work ‘hypocrites’ what’s more, saying ‘I don’t mind about that commentary,’ while talking to ABC Radio.
A number of government officials from Mr Hockey’s claim Coalition have talked out about the dubious financial plan measure, concerned that it will hit country groups hardest.

NSW Nationals congressperson John Williams says individuals in the shrubbery require cars, a point resounded by Queensland Liberal National congressperson Ian Macdonald.

‘You have to have a auto regardless of whether you’re rich or, on the other hand poor, you require a vehicle to be capable to get from one put to the other,’ he told ABC Radio on Thursday.

‘Regional Australians don’t have the elective of open transport of other implies of getting there.’

But the treasurer disagreed, saying there was a clear drift that appeared the higher the family unit income, the more fuel charges were paid.

St Vincent de Paul Society boss official John Falzon said the treasurer was making a huge assumption.
‘In reality numerous low-income families are intensely subordinate on very old engine vehicles that are not awfully fuel proficient as their as it were implies of transport,’ he told Fairfax Media.
Cheaper lodging was moreover regularly found in ranges that were inadequately served by transport, yet far from jobs, so they have to travel long separations at times.
When tested by journalists in Perth afterward on Wednesday, Mr Hockey was unrepentant, marking the response to his remarks as ‘hysteria’.
‘The truth is that there is a clear incline in Australia – the higher the family unit salary the more fuel charges are paid by the household,’ he said.
His office too discharged figures that appeared normal week after week use on petroleum ranges from $16.36 for those on the most reduced salary to $53.87 among the most noteworthy incomes.
Households in moderately hindered regions were too less likely to claim engine vehicles than those in generally advantaged areas.
Where engine vehicles were owned, families in generally distraught ranges were most likely to claim as it were one auto while families in moderately advantaged zones were more likely to have two or, on the other hand more engine vehicles.

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