💥 Young Australians Betrayed 💥
The dream of home ownership is DEAD for many young Aussies — killed by sky-high immigration, reckless government spending and the madness of net zero.
As Freya Leach says, they’re facing “a world that feels increasingly hostile to their aspirations.”
Nick Cater calls it what it is: “intergenerational pilfering.”
It’s time to fight back.
📉 Stagnant wages
📈 Soaring house prices
💸 A trillion dollars in debt dumped on the next generation
Family First is standing up for the young. It’s time to restore hope, rebuild families and stop the theft of their future.
🛑 Ditch net zero
🛑 Slash immigration-driven demand
🏡 Release land
✂️ Cut red tape
💪 Bring back aspiration
📖 Read the blog below...
#AusPol #CostOfLivingCrisis #GenZ #FamilyFirst #IntergenerationalTheft #StopTheSteal
The housing dream is slipping through the fingers of an entire generation.
Wage growth is stagnant, home ownership is out of reach, and the cost of living is soaring.
Family First is deeply concerned for the future of our young people and the economic despair they face.
Two recent articles – one by Freya Leach from the Menzies Research Centre and another by Nick Cater in The Australian – lay bare the truth that today’s political class refuses to confront: young Australians are victims of intergenerational theft.
Writing the weekly Water Cooler email to MRC supporters, Leach said on Saturday, “Young Australians today face a world that feels increasingly hostile to their aspirations.”
They’re not imagining things. Between 2012 and 2022, real wages rose just 2.6%, compared with 16% in each of the two preceding decades. At the same time, house prices have risen by 95% while wages have climbed only 37.5%. Home ownership has become a distant dream.
Family First believes this is a national disgrace. A society that prevents its young people from marrying, buying a home and raising children is one that is failing.
Family First is committed to restoring the conditions that make family formation possible: affordable housing, stable jobs and lower living costs.
This means ditching the Liberal and Labor consensus on cost-of-living-destroying net zero and high immigration, cutting red tape and releasing more land.
Freya Leach rightly points to the cultural breakdown that has gone hand-in-hand with economic decline.
Traditional institutions like family, faith and community are in retreat, replaced by what she calls “a fragile sense of self: easily wounded, easily distracted, and highly anxious.” This fragmentation is being exacerbated by economic policies that entrench despair.
Nick Cater points to the structural causes: “Economic decline has been hard-baked into public policy for the next 40 years.”
According to Treasury, GDP per capita growth is projected to fall, while government spending explodes. Aged care, NDIS, and health costs will surge, and someone will have to pay.
That “someone” is the next generation.
Cater writes: “One day, it might dawn on Generation Walker (after the newly elected 21-year-old Labor Senator from South Australia, Charlotte Walker) that they’re the ones who will have to pay for this… Jim Chalmers is engaging in intergenerational pilfering.”
Labor’s reckless spending and refusal to reform is passing a burden onto young Australians that they never agreed to bear.
Family First stands against this.
We believe self-reliance, family and home ownership must be restored as central pillars of our society.
We must stop treating self-funded retirees as fiscal nuisances and instead honour them for easing the tax burden on the young.
It’s time to fix housing affordability by releasing land, cutting red tape, and stopping reckless migration-driven demand.
We must restrain government spending so that young Australians aren’t shackled by a trillion dollars in debt. And we must revive aspiration – not entitlement.
“The antidote to declinism,” Cater reminds us, “is aspiration – the belief that with the right incentives, individuals and families can build a better life.”
Family First couldn’t agree more. The future belongs to those who can build – but we must first get government out of the way and provide incentive for aspiration.