Proof the Aussie dream is officially dead
A thing hardworking Aussies used to do has leapt into the realm of something only those with intergenerational wealth can dream of.
A thing hardworking Aussies used to do has leapt into the realm of something only those with intergenerational wealth can dream of.
They’re known as the demographic will all of the wealth and they’re driving up inflation for everyone else – but that’s only half the story.
This year has been of the most challenging years for Australian households in decades and there’s a clear reason why.
It’s plaguing all of Australia and now worrying figures show that the crisis looks set to deepen.
As the PM does an about-face on the impacts of negative gearing, it’s revealed that one per cent of taxpayers own nearly a quarter of all Aussie investment properties.
Over the past three decades, one three-word phrase has generally held true for Australia – but now, times have clearly changed.
It’s not only renters that are being pummelled by rising rents – and what lies ahead for all of Australia is incredibly concerning.
Millennials have finally overtaken Baby Boomers in one area – yet they’re still being ignored over one very important issue.
Many first-time buyers trying to get into the property market are struggling and when faced with the star reality it’s no surprise.
Data showing what the average Australian earner can afford to buy in each state capital city and state is eye opening.
Original URL: https://www.news.com.au/the-team/tarric-brooker/page/7