23 thoughts on “Catholic Church’s massive wealth revealed in Australia

  1. ryanrye February 12, 2018 / 5:23 pm

    For people who don’t want to read the story: $30 billion nationwide.

  2. zwei2stein February 12, 2018 / 5:23 pm

    Who is surprised at all?

    That organization exists for well over thousand years. Wealth is bound to accumulate.

  3. FattyCorpuscle February 12, 2018 / 5:23 pm

    Revealed? The fucking vatican is gold plated. They outright shove it in everyone’s faces.

  4. BolivianNostril February 12, 2018 / 5:23 pm

    “the church misled the Royal Commission into Institutional Responses to Child Sexual Abuse by grossly undervaluing its property treasures in both NSW and Victoria while claiming that increased payments to abuse victims would require cuts to its social programs… Sydney Archdiocese valued its properties at historic cost, that is the amount paid for properties when originally bought, often in the 1800s or early 1900s.”

    They are rotten to the core.

  5. DeFex February 12, 2018 / 5:23 pm

    When you cover up your pedo club by forming a religion, and it winds up being one of the most rich and powerful in history.

  6. mingy February 12, 2018 / 5:23 pm

    Well Jesus loves gold so there’s that.

    Its funny how a “non-profit” can generate so much profit.

  7. Sociojoe February 12, 2018 / 5:23 pm

    They’re doing the same thing in Canada to avoid paying victims. Like a giant shell game constantly hiding the money. Forcing the taxpayer to help their victims while they sit on piles of money hidden away.

    Just start taxing the fuckers. I don’t want to be subsidizing rape.

  8. AtlanticCanadian February 12, 2018 / 5:23 pm

    The Catholic Church in Australia has more money than the total GPD of 93 entire nations. That would put them between Bahrain and Cameroon.

  9. NukeNewbie February 12, 2018 / 5:23 pm

    6 grand per catholic in a central organization that accumulates over time is not alot.

    How much of that is land and buildings, plus ceremonial goods that arent cash?

    Ntm investments used to grow the wealth the church can use.

    Its not like there a church with billions of dollars under a mattress.

    edit: They also use “extrapolation” very often without giving us their math. odd

  10. KrazyKiwiKid February 12, 2018 / 5:23 pm

    Good! They’ll have plenty of money to pay compensation to all those victims who were kiddyfiddled by the feckin clergy, won’t they?

  11. MarkFromTheInternet February 12, 2018 / 5:23 pm

    How much of that wealth is churches, hospitals and schools, and how much of it are real investment assets ?

    The article avoids that very important detail, to give the most sensationalised story possible.

    Anyway it shouldn’t matter, if you are legally liable, well you gotta pay up. Gotta sell a historic church in the cbd ? Oh well…I’m sure another dedomination will buy it off you. Don’t like it ? Don’t rape kids

  12. Yup1Yup1Yup February 12, 2018 / 5:23 pm

    At the same time, it is in Australia.

  13. bluezues February 12, 2018 / 5:23 pm

    This world and it’s system. So many blind. Oh god is my friend! God will look after me! A “god” owes me… I did a good deed!

    People wake up all organised religion is a money making system. People found out a long time ago that power, money (and little kids) comes with “serving” the lord.

  14. garuda2 February 12, 2018 / 5:23 pm

    people complain about the wealth of the church but in fairness it’s a 2000 year old organisation . in other words it took them 2000 years to accumulate that much wealth . our modern capitalist corporations can generate that much in a year and is of no benefit but to a few hundred shareholders and thats all.

  15. savagedan February 12, 2018 / 5:23 pm

    The Catholic Church is one of the most rotten and corrupt organizations in the world.

  16. spainguy February 12, 2018 / 5:23 pm

    Why aren’t they on the stock market?

  17. Xodio February 12, 2018 / 5:23 pm

    Ok, 30 billion, so thats like 7 dollars per catholic in Australia? Doesn’t seem like a big controversy to me.

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