Labor MP blasted for property hypocrisy over $42m portfolio

News24 host James Macpherson accuses Labor frontbencher Andrew Charlton of hypocrisy after criticising property investors while building a reported $42 million property portfolio.

“Government frontbencher Andrew Charlton is widely tipped to be Australia’s next Treasurer. Some even whisper he could one day be prime minister,” Mr Macpherson said.

“Charlton saves some of his sharpest criticism for an even more dangerous group. Older Australians who had the audacity to buy investment properties.

“According to Charlton, the great Australian crime wasn’t government policy. It wasn’t decades of restrictive planning laws. It wasn’t failing to build enough homes.

“It was apparently your mum and dad buying an investment property and hoping it would increase in value.

“A Labor politician with a $42m property portfolio blaming mum and dad investors for the property crisis?”