On 18 May 1963, he married Patricia Anne Martin, with whom he had three children: Leah, Martina, and Keiran.
Macey had a commitment ceremony to Chutikarn Pinnaimueang in Phuket in 2005 and supported her 2 children.
He claimed that the Liberals had abandoned Sir Robert Menzies' ideal of an Australian nation in which "every family is enabled to live in, and preferably to own, a comfortable home at reasonable cost and with adequate community amenities," as articulated in his 1945 Liberal Party constitution.
Concerned about the ability of people's adult children to become first home owners, Macey founded the Australian Affordable Housing Party in 2013 and became its first President.
On 30 January 2024, Macey died in Phuket, Thailand where he lived with his defacto wife.