Political power couple Joe Hockey and his mega-rich executive wife SPLIT after more than three decades together

by

Joe Hockey, a former Australian politician, and his wife, Melissa Babbage, have reportedly ended their 31-year marriage.

Joe Hockey, age 60, previously held two prominent positions: he was the Treasurer of Australia from 2013 to 2015 and later served as the Australian Ambassador to the United States from 2016 to 2020.

Joe Hockey, once considered a potential leader of the Liberal party, married businesswoman and millionaire, Helen Babbage, who is 59, in 1994.

Sources say Hockey has moved out of the family’s expensive home in Hunters Hill and is now living in an apartment in Milsons Point, a suburb on Sydney’s north shore.

The couple, parents to three children, remained silent about rumors of a breakup, choosing not to confirm or deny the reports.

Okay, so I’ve been following this whole thing closely, and apparently, Babbage – he’s the finance and operations guy at Bondi Global Partners, which is, like, Mike Hockey’s company – is still living in the house they shared! Can you believe it? I’ve been checking constantly for updates, and that’s the latest I’ve found. It’s just… fascinating, honestly.

Hockey met Babbage at a Young Liberals event in Sydney in 1991. They married three years later.

They welcomed son Xavier, 20, in 2005, followed by a daughter, Adelaide, 18, two years later.

In 2009, while working as head of foreign exchange and global finance at Deutsche Bank, Babbage had her third child, a son named Ignatius.

Hockey gained prominence as a political commentator before the 2007 federal election, frequently appearing on the Seven Network’s Sunrise program.

His ‘debates’ with Kevin Rudd, later Prime Minister, were a ratings winner for the breakfast show.

Before becoming a financial professional, Babbage was a physiotherapist for the Sydney Swans, having previously been an athlete himself.

A top-rated track and field competitor, Babbage tried out for the 1988 Olympics in the 400m sprint.

During their partnership, Babbage and Hockey built up a substantial property portfolio, valued at around $10 million, which included a cattle station in North Queensland.

It was later listed for sale for $1.5million in 2015.

Their portfolio also included a getaway home in Stanwell Tops, south of Sydney.

At one time, the pair were juggling two neighbouring mansions in upscale Hunters Hill.

In 2004, they purchased their first house in the upscale Te Roma neighborhood for $3.5 million, and the property was registered under Babbage’s name.

In 2018, they purchased the historic ‘Wybalena House’ for $7.815 million, before finishing paying off their previous property.

The pair later sold Te Roma for $8million.

Hockey and Babbage faced public scrutiny for their lavish spending while they were involved in politics as prominent Liberals.

Back in 2010, reports surfaced that Hockey had claimed any wealth attributed to him actually belonged to his wife, despite accusations from his opponents that he was using his financial resources to his advantage.

Hockey hasn’t faced the kinds of hardships many people experience. He received a privileged education, attending the exclusive St Aloysius’ College, and was seen relaxing with a cigar after presenting his federal budget in May.

He started university living at St John’s College, one of the most prestigious – and expensive – residences at the University of Sydney, a common choice for students who went to private schools in the city.

He began his political career at Sydney University, where he was elected president of the Student Representative Council.

Hockey retired from politics in 2015. 

Read More

2025-12-22 03:06