11/09/2026
The $94 Million Reason Government Stopped Building Affordable Homes
(Australian News - National - 2 min Media Critique and Commentary)
A MANUFACTURED CRISIS
Australia’s housing crisis is not an accident—it is the direct result of deliberate political choices. As highlighted in recent commentary by Punter's Politics, our policy settings are built to protect major political donors rather than average citizens.
While mainstream media pundits blame young working families for buying 'too many smashed avocados', they ignore how the system was systematically rewritten. Look at Singapore. Their government builds quality homes directly for citizens, keeping home ownership near 90 per cent. Australia used to do the exact same thing. Post-war public building programs drove Australian home ownership from 32 per cent to over 70 per cent, creating the prosperous middle class our nation was built on.
FOLLOWING THE MONEY
So why did our leaders stop? Media commentators claim government building 'distorts the free market'. But that excuse simply shields a system engineered to enrich development giants like Walker Corporation and Meriton.
Property developers have poured over $94 million into major political party coffers over the last two decades. Big banks rake in record profits off bloated mortgages, while the top 1 per cent of property investors now own a quarter of all investment properties. To top it off, federal politicians regularly hold personal property portfolios while preserving tax breaks like negative gearing.
TIME FOR A FAIR GO
When public policy rewards property hoarders over working families, our children and grandchildren lose any chance of a 'fair go'. We do not need more handouts for private developers. Australia needs to end taxpayer-funded investor perks and get back to directly building affordable homes.
* Opinion: The views expressed in this commentary are based on verified public broadcasts and court records published in the public interest.