Australian Coat of Arms

Member for Blaxland

Shadow Minister for Housing and Homelessness 

Shadow Minister for Regional Services, Territories and Local Government

 

12 Housing Christmas Gifts from the Morrison-Joyce Government


 

As many Australians sit down for Christmas lunch on Saturday, one of the things a lot of people will inevitably talk about is the rising cost of housing in Australia.
 
Here are 12 facts Scott Morrison doesn’t want you to know:

  1. It’s harder to buy a home today than ever before.  Twenty years ago, the average home cost four times the average salary.  It is now almost double that.

Thanks Scott Morrison.

  1. The percentage of young Australians on low and modest incomes who own their own home has dropped massively.  Forty years ago, almost 60 per cent of young Australians on low and modest incomes owned their own home, now it is less than 30 per cent.

Thanks Scott Morrison.

  1. In Sydney the cost of the average home is now 14 times the average salary.  Most first home buyers in Sydney can now afford only about 10 per cent of the properties on the market.

Thanks Scott Morrison.

  1. In Brisbane the cost of the average home is now almost eight times the average salary. Last Christmas first home buyers in Brisbane on the lowest 40 per cent of incomes could afford to buy 20 per cent of homes on the market.  Now they can afford to buy only 10 per cent of homes on the market.

Thanks Scott Morrison.

  1. In Melbourne the cost of the average home is now over 10 times the average salary. First home buyers in Melbourne on the lowest 40 per cent of incomes can only afford to buy 10 per cent of homes on the market.  

Thanks Scott Morrison.

  1. In Hobart in the past 12 months housing affordability has gone off a cliff.  Last Christmas 80 per cent of first home buyers could afford 40 per cent of the properties on the market.  Now they can afford to buy only 10 per cent of the properties on the market.

Thanks Scott Morrison.

  1. It’s also harder to buy a home in many parts of regional Australia than ever before. Last Christmas first home buyers in regional NSW on the lowest 40 per cent of incomes could afford to buy 25 per cent of homes on the market.  Now they can afford to buy only 10 per cent of homes on the market. It is even worse in regional Tasmania.  Last Christmas first home buyers on the lowest 40 per cent of incomes could afford to buy 40 per cent of homes on the market.  Now they can only afford to buy 10 per cent of homes on the market.

Thanks Scott Morrison and Barnaby Joyce.

  1. Wages aren’t keeping up with housing costs.  Since last Christmas, house prices have risen 11 times faster than wages.

Thanks Scott Morrison.

  1. It’s also harder to rent than ever before in many parts of the country.  This is the biggest bill two and a half million Australians pay every week and it is going through the roof.  Here are just a few examples of how much average rents have jumped since last Christmas:

·       $2,600 more a year in Burnie
·       $3,640 more a year in the Central Coast
·       $2,080 more a year in Cairns
·       $2,860 more a year in North Nowra
·       $3,120 more a year in East Launceston
·       $4,420 more a year in Yass
·       $2,600 more a year in Cessnock
 
Thanks Scott Morrison.

  1. There are now more homeless Australians today than ever before.

Thanks Scott Morrison.

  1. Around 300 people are turned away from homeless services every single day.

Thanks Scott Morrison.

  1. Last year 10,000 women and children fleeing domestic violence were turned away from refuges because there wasn’t a bed.

Thanks Scott Morrison.
 
As many of us sit down to Christmas lunch, celebrating a birth that happened in a manger because there wasn’t a spare room at the inn, it is worth remembering that today people in need are still being turned away from shelter. 
 
We have a housing crisis in Australia.  It’s harder to buy than ever before, it’s harder to rent than ever before and there are more homeless Aussies than ever before.
 
What we need is a government that recognises this and is prepared to do something about it.
 
THURSDAY, 23 DECEMBER 2021

MEDIA CONTACT: SCOTT DAVIES 02 9790 2466