Here's what the budget did to get Australians into homes (hint: not much)
- Written by Yogi Vidyattama, Associate Professor, National Centre for Social and Economic Modelling, University of Canberra
Among the bolder claims in last month’s budget was that “under the Coalition, home ownership will always be supported”.
Since the Howard government took office in 1996, the proportion of Australian households owning the home they live in has fallen from 70% to 66%.
The proportion having paid off their mortgage has fallen from 40%...
