Watch FIFA World Cup 2026™

LIVE, FREE and EXCLUSIVE

New deputy PM faces scrutiny over rental income on second day in the job

New Nationals leader Michael McCormack says he has not needed to publicly declare income on an investment property until very recently.

Deputy Prime Minister Michael McCormack.

Deputy PM Michael McCormack could be in hot water after a delayed declaration of rental income. (AAP)

Deputy Prime Minister Michael McCormack has fended off questions on his second day in the job over a delayed declaration of rental income.

The newly minted Nationals leader updated his register of members' interests last Friday to include rental income on a Melbourne property he and his wife have owned since at least September 2016.

"We have not had a paying tenant since purchasing the property," Mr McCormack told AAP in a statement on Tuesday.

"I declared the token amount we have just started charging our daughter in the past few weeks."

According to Mr McCormack, there is no rental agreement in place and this is the first year since his daughter moved to Melbourne that she has full-time work as a teacher.

"We have not charged her in the past to enable her to get on her feet and have only this school year - beginning 31 January - started charging her the equivalent of board," he said.

Ministerial standards require ministers "notify the prime minister of any significant change in their private interests within 28 days of its occurrence".

"Failure to declare or register a relevant and substantive personal interest as required by the parliament constitutes a breach of these standards," the standards say.


2 min read

Published

Updated



Share this with family and friends


Get SBS News daily and direct to your Inbox

Sign up now for the latest news from Australia and around the world direct to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Follow SBS News

Download our apps

Listen to our podcasts

Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS

SBS World News

Take a global view with Australia's most comprehensive world news service

Watch now

Watch the latest news videos from Australia and across the world