There are calls for the Catholic Church’s tax free status to be reviewed following a Fairfax investigation into the Church's Australian owned property and assets.
Fairfax’s six-month investigation found that the Church was worth more than $9 billion in Victoria alone, with its national net-wealth to be around $30 billion.
However the reported figures are in stark contrast to what is on public record, with the Church revealing to the Royal Commission it was only worth $109 million in Victoria, based largely on the historical value of its property while ignoring market rates.