As mandatory super contributions have risen, home ownership has fallen. But an affordable Australian dream also requires removing planning and approval restrictions that make our houses among the world's most expensive.
Following the Callaghan report into retirement incomes many Australians are now realising that home ownership is a more important step to financial security in retirement then superannuation. Equally, affordability in housing in Australia remains a seemingly difficult policy area.
Surely we must ask ourselves how is it that a nation inhabiting the least populated continent in the world, with some of the highest wages in the world (with the highest minimum wage in the world) cannot house all its people or create an affordable stock of housing?
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Jason Falinski was a federal Liberal MP and former president of the NSW Liberal Party.
