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# Face of the Day
- URL: https://goodoil.news/face-of-the-day-1300/
- Published: 2025-09-26T18:30:54.000Z
- Updated: 2025-09-26T18:30:53.000Z
- Description: MPs must submit an annual return to the Registrar of Pecuniary Interests reporting their property, investments or other financial interests.
- Author: Good Oil Staff
- Tags: Face of the Day

> An inquiry by the Parliamentary Registrar into [whether National backbencher Carl Bates properly declared](https://www.stuff.co.nz/politics/360835388/parliament-watchdog-investigate-national-mp-over-his-trusts-25-rental-homes?ref=goodoil.news) 25 properties has brought public attention back to MPs’ vast and varied wealth.  
>  
> MPs must submit an annual return to the Registrar of Pecuniary Interests reporting their property, investments or other financial interests. It is [intended to let the public see](https://oag.parliament.nz/2006/cg-2004-05/part9.htm??ref=goodoil.news) potential conflicts of interest, ensuring MPs’ personal wealth or business ties don’t secretly influence their decisions.  
>  
> The records reveal the substantial wealth of some MPs, with complex portfolios including multiple homes, investment properties, farms, rentals, and overseas assets – particularly among National MPs, 13 of whom own four properties or more.  
>  
> But five MPs, including National’s James Meager, who is also the Minister for the South Island, didn’t declare any property interests.  
>  
> Stuff

[Read More](https://www.stuff.co.nz/politics/360836304/one-national-mp-who-doesnt-own-any-property-and-parliaments-biggest-landlord?ref=goodoil.news)