Everyone deserves affordable housing!
Housing Minister Clare O'Neil described the feeling many people are faced with when searching for an affordable home as "total despair".1 Right now, less than 20% of young Australians own a home today, compared to 60% in the 1980s.
Just 1% of Australians own nearly a quarter of all investment properties.2 Corporations and wealthy investors are buying up homes, driving up prices, and locking out regular people.
This isn't just about housing supply. It's about investors treating homes as assets instead of places to live, making housing unaffordable.
The government is debating new laws to help first home buyers, but without tackling corporate greed, these are just band-aid fixes. We need real change—regulate investors, stop profiteering, and prioritise affordable homes.
Sign our petition to hold big investors accountable and demand action.
Just 1% of Australians own nearly a quarter of all investment properties.2 Corporations and wealthy investors are buying up homes, driving up prices, and locking out regular people.
This isn't just about housing supply. It's about investors treating homes as assets instead of places to live, making housing unaffordable.
The government is debating new laws to help first home buyers, but without tackling corporate greed, these are just band-aid fixes. We need real change—regulate investors, stop profiteering, and prioritise affordable homes.
Sign our petition to hold big investors accountable and demand action.
Struggling with rising costs is a real issue and shared by many. Many are resorting to second jobs just to make ends meet, while corporate profits soar.3
With rents skyrocketing and housing affordability hitting record lows, an increasing number of people are turning to house sharing or facing the grim prospect of homelessness.
But the system is stacked against everyday people. Decades of poor economic policies and corporate power have created and worsened these inequalities, making it harder for many to simply survive, much less thrive.
Here's what we're fighting for:
It starts with people power, all of us taking action and changing the conversation together.
With rents skyrocketing and housing affordability hitting record lows, an increasing number of people are turning to house sharing or facing the grim prospect of homelessness.
But the system is stacked against everyday people. Decades of poor economic policies and corporate power have created and worsened these inequalities, making it harder for many to simply survive, much less thrive.
Here's what we're fighting for:
- A strong safety net: Everyone deserves a safe place to call home. We need more social and public housing for those in need and to remove corporate investors from the housing market.
- Affordable food: Let's break up the supermarket duopoly and make food prices fair for everyone. We need legislation that stops big supermarkets from holding all the power.
- Fair energy prices: No one should have to choose between staying warm and paying the bills. We need strict regulations to keep energy companies in check and ensure affordable energy for all.
It starts with people power, all of us taking action and changing the conversation together.
The Cost of Living Inquiry, launched in September 2022 and led by Liberal Senator Jane Hume, was set up to investigate why life is becoming so expensive for everyday people.
It's supposed to dig into solutions – but there's a risk it could get bogged down by political interests rather than focusing on the real issues affecting everyone.
Originally due to report by November 2023, the inquiry's deadline has now been pushed back to November 2024, with submissions open until 30 October 2024. That means there's still time to make sure our voices are heard. But we need to push hard to ensure it doesn't just become another political exercise that avoids tackling the real drivers of the crisis, like corporate greed and housing profiteering.
By signing the petition, we can make sure the inquiry focuses on real solutions that work for everyone, not just big corporations.
It's supposed to dig into solutions – but there's a risk it could get bogged down by political interests rather than focusing on the real issues affecting everyone.
Originally due to report by November 2023, the inquiry's deadline has now been pushed back to November 2024, with submissions open until 30 October 2024. That means there's still time to make sure our voices are heard. But we need to push hard to ensure it doesn't just become another political exercise that avoids tackling the real drivers of the crisis, like corporate greed and housing profiteering.
By signing the petition, we can make sure the inquiry focuses on real solutions that work for everyone, not just big corporations.
For decades, housing has been a playground for corporate investors – and proposed laws to help first time home-buyers won't stop them.
Right now, less than 20% of young Australians own a home, compared to 60% in the 1980s. It's not because people aren't working hard or saving enough. The problem is how corporations and wealthy investors are quietly buying up multiple homes, raising prices and locking out regular people. Turning homes into assets, not places to live.
So while there's a supply shortage, that's only part of the problem.The other part is that only 1% of Australians own nearly a quarter of all investment properties.2
If we want real change, we need solutions that will tackle corporate profiteering head on. Our vision is simple: a housing system where homes are for people, not profit.
That means stronger regulations to stop corporate investors from treating homes like money-making machines, and building more affordable homes so that everyone, no matter their income, can afford a decent place to live.
We have a critical opportunity to uplift and demand real long-term change – not just band-aid fixes.
Right now, less than 20% of young Australians own a home, compared to 60% in the 1980s. It's not because people aren't working hard or saving enough. The problem is how corporations and wealthy investors are quietly buying up multiple homes, raising prices and locking out regular people. Turning homes into assets, not places to live.
So while there's a supply shortage, that's only part of the problem.The other part is that only 1% of Australians own nearly a quarter of all investment properties.2
If we want real change, we need solutions that will tackle corporate profiteering head on. Our vision is simple: a housing system where homes are for people, not profit.
That means stronger regulations to stop corporate investors from treating homes like money-making machines, and building more affordable homes so that everyone, no matter their income, can afford a decent place to live.
We have a critical opportunity to uplift and demand real long-term change – not just band-aid fixes.
[1] Housing crisis 'despair' as opposition says government is looking for 'scapegoats', ABC News, 10 September 2024.
[2] A quarter of Australia's property investments held by 1% of taxpayers, data reveals, The Guardian Australia, 4 June 2023.
[3] Australia should increase competition to fight 'excessive pricing' by supermarkets, Rod Sims says, The Guardian, 26 May 2023.
[4] What is the supermarkets' code of conduct?, Sydney Morning Herald, 10 January 2024.
[5] Pressure mounts for ACCC inquiry into supermarket pricing amid claim farmers being paid 1978 prices, ABC News, 8 January 2024.
[2] A quarter of Australia's property investments held by 1% of taxpayers, data reveals, The Guardian Australia, 4 June 2023.
[3] Australia should increase competition to fight 'excessive pricing' by supermarkets, Rod Sims says, The Guardian, 26 May 2023.
[4] What is the supermarkets' code of conduct?, Sydney Morning Herald, 10 January 2024.
[5] Pressure mounts for ACCC inquiry into supermarket pricing amid claim farmers being paid 1978 prices, ABC News, 8 January 2024.
✍️ SIGN THE PETITION!
To the Cost of Living inquiry and the Australian Parliament:
We call on all politicians to recognise current cost of living pressures are being driven by corporate profits and system failures. Our leaders must listen to the voices of everyday people and take decisive action to create a fairer, more just economy.
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