INSUBCONTINENT EXCLUSIVE:
Australian Prime Minister Anthony Albanese is under fire after buying a multi-million-dollar cliff-top home amid a national housing
crisis.Albanese made the purchase months out from an election in which the cost of living and housing are key issues.The move has sparked
the purchase is yet to settle.At a press conference about housing on the day news of his new home broke, Albanese said he was aware that he
It has struggled to get other housing initiatives through parliament though, due in part to a lack of support from the Australian Greens
party and some independents, who want the government to produce more ambitious policy proposals.Research suggests Australian cities rank
among the worst in the world for housing affordability, with Sydney trailing only Hong Kong, according to the 2024 Demographia International
Housing Affordability survey.About two thirds of Australian households own a home, but, according to parliamentary disclosures, about 95% of
sitting federal politicians own at least one residential property
About a third own three or more.While some of his colleagues have backed Albanese, several have broken rank to criticise his decision
