‘Minimal help, maximum hype’: Single parents housing package criticised for helping only a ‘handful’

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“This isn’t the Mother’s Day present the government wants you to think it is. There are a million single parents around Australia and this will help just 2500 of them per year” Auspol jamesmassola

“We are very pleased that the family home guarantee will help single parents - of which 80 per cent are women - to purchase their home.”

Deloitte Access Economics director Chris Richardson said the policy was ”a useful measure to help a group that needs help in a hot housing market but it’s not make or break for the wider housing market”.“Governments can’t solve this [rapidly rising house prices] and Australians are kidding themselves if they think it can,” he said. “House prices are driven by interest rates and interest rates need to be nailed to the floor for years to come to drive unemployment down.

But she said the announcement should be seen in the context of “what the government has done already to hit the economic security of single parents, mostly women, particularly those on low incomes”.

 

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jamesmassola Well then let’s give it to nobody In fact let’s stop scholarships because there are plenty who deserve it and then don’t get it Let’s stop prizes Let’s stop keeping the score Let’s just stop

jamesmassola Better than nothing. How many single parents can meet the repayments?

jamesmassola Once again the age full of it. What you think the gov should just give everyone a house car and holiday. The reporters are racist when it comes to the liberal party. Let’s start a movement cal LPM

jamesmassola & they will buy house 2 times over once interest rates climb. When repayments fail & house prices dip as they will within the next 5 years & they have to sell, they'll be further behind 8 ball. What we need: long time rents as per Europe. Housing shouldn't be like sharemarket.

jamesmassola

jamesmassola Pathetic window dressing while the backyard is in ruin. PM and Treasurer unable to show true care and compassion. ScottMorrisonMP JoshFrydenberg JEChalmers

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