Are Young Australians Falling Behind?
In this Property Now episode, Tim Wilson, Shadow Treasurer and Liberal MP for Goldstein, joins the podcast to discuss Australia’s latest federal budget and whether it is helping younger Australians buy property or making it harder.
The conversation explores:
- Housing affordability
- Tax changes
- Investing and ETFs
- Small business growth
- Property ownership in Australia
Property Prices and Deposit Pressure
The episode highlights how difficult saving for a home deposit has become.
According to the discussion:
- Many Australians now take 10 to 11 years to save a deposit
- Property prices continue rising faster than wages
- Younger Australians are increasingly investing through ETFs, shares and crypto
The concern raised is that changes to taxation could reduce the ability for younger Australians to build savings for their first home.
Housing Supply Remains a Major Issue
A major focus of the episode is housing supply.
The discussion argues that:
- Australia still needs more homes
- New housing supply may slow further
- Rising construction costs remain a challenge
- Demand continues growing
The episode also debates whether build-to-rent developments help or reduce long-term home ownership opportunities.
Why Property Ownership Still Matters
One of the strongest themes throughout the conversation is the importance of ownership.
The discussion focuses on how property can provide:
- Financial security
- Long-term wealth creation
- Stability for families
- Future opportunities for younger generations
Coposit and Flexible Property Buying
Coposit helps eligible buyers secure off the plan property with a smaller upfront amount instead of waiting years to save a traditional large deposit.
This can create a more flexible pathway into the property market for first home buyers and younger Australians.
Property, Investing and Financial Opportunity in Australia
The episode highlights the growing conversation around property ownership, investing and financial opportunity as younger Australians navigate rising living costs and changing economic conditions.
