This is not new news.
Australians are less able to afford homes and are being forced onto the age pension more and more often. This trend is not even close to stopping.
If the Government doesn't take drastic action soon to save the concept of home ownership, it will fade from reality. The Government is actively saying to Australians one message:
We would rather give out your tax money to rich landlords, and let you suffer on the age pension when you stop working than trouble ourselves with tax reform, and fixing housing supply.
