How rich is Anthony Albanese? By Dennis Shanahan in The Australian.

Today, after studying, then working and becoming an MP 30 years ago, Albanese has an estimated net worth, based on declared interests, of between $10m and $15m with a gold-plated parliamentary pension to fall back on in retirement.

This is commendable, but says to future generations of younger Australians “do as I say not as I do”, because his wealth is built on property investment and rising values in Sydney.

Based on three properties, one the so-called clifftop luxury home on the NSW Central Coast purchased for $4.3m in late 2024, it is estimated Albanese generates about $75,000 per year in gross rental income.

Albanese will continue to be able to use negative gearing for his property, like all other investors, but this highlights that younger Australians who do not already own an investment property will not be able to use the same benefits.

He helped make the rules that pushed the price of property to historic highs.