Australia news live: PM calls Elon Musk an ‘arrogant billionaire who thinks he’s above the law’; Pezzullo says he shouldn’t have been sacked
Meanwhile, Anthony Albanese is set to join his PNG counterpart on the Kokoda Trail. Follow the day’s news liveAustralian court orders Elon Musk’s X to hide Sydney church stabbing posts from users globallyGet our morning and afternoon news emails, free app or daily news podcastAnglicare says government spending eight times more on private investors than building housing itselfThe Anglicare Australia executive director, Kasy Chambers, says the government must step up and intervene, instead of leaving housing to the private sector:We found that the government spends eight times as much propping up private investors as it does on building housing itself. This approach is wrong, and it’s supercharging rents and house prices.Housing cannot be left to hobby landlords and private developers. Only our government can ensure that rentals are affordable by building homes itself, and by fixing Australia’s unfair tax system.289 rentals (0.6%) were affordable for a person earning a full-time minimum wage.89 rentals (0.2%) were affordable for a person on the age pension.31 rentals (0.1%) were affordable for a person on the disability support pension.3 rentals (0%) were affordable for a person on jobseeker.0 rentals (0%) were affordable for a person on youth allowance.This is not hyperbole. It is Australia’s new normal. Continue reading...
Meanwhile, Anthony Albanese is set to join his PNG counterpart on the Kokoda Trail. Follow the day’s news live
- Australian court orders Elon Musk’s X to hide Sydney church stabbing posts from users globally
- Get our morning and afternoon news emails, free app or daily news podcast
Anglicare says government spending eight times more on private investors than building housing itself
The Anglicare Australia executive director, Kasy Chambers, says the government must step up and intervene, instead of leaving housing to the private sector:
We found that the government spends eight times as much propping up private investors as it does on building housing itself. This approach is wrong, and it’s supercharging rents and house prices.
Housing cannot be left to hobby landlords and private developers. Only our government can ensure that rentals are affordable by building homes itself, and by fixing Australia’s unfair tax system.
289 rentals (0.6%) were affordable for a person earning a full-time minimum wage.
89 rentals (0.2%) were affordable for a person on the age pension.
31 rentals (0.1%) were affordable for a person on the disability support pension.
3 rentals (0%) were affordable for a person on jobseeker.
0 rentals (0%) were affordable for a person on youth allowance.
This is not hyperbole. It is Australia’s new normal. Continue reading...
