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The Great Australian Sell-Out

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The “Australian Dream” hasn’t just faded—it’s been sold out.

Young Australians are being forced into a impossible choice: become a lifelong debt slave to the banks, or pay rent to a foreign corporate landlord like BlackRock forever.

Here is the reality the major parties are trying to dodge: 👉 It now takes 30 years to save a deposit near the city – a national tragedy. 👉 The government is using insane mass migration to prop up GDP and hide the fact that we are in a per-capita recession. 👉 We’re giving tax breaks to foreign investment funds to “Build to Rent” while local families are priced out of auctions. 👉 Bureaucracy is stopping our tradies from actually building the homes we need.

We don’t need cringeworthy TikToks or “election bribes” disguised as subsidies. We need a government that isn’t afraid to speak the truth about the root causes.

While the “Uniparty” of Labor, the Liberals, and the Greens runs and hides from these facts, One Nation is the only party standing up for everyday Australians. We’re committed to putting your family’s future ahead of global corporate interests and fixing the migration numbers so the next generation can actually own a piece of Australia.

It’s time to put Australia first. It’s time for One Nation.

Transcript

I move: 

That, in the opinion of the Senate, the following is a matter of urgency: 

The urgent need to address the failure of the Albanese government to fix home ownership for the next generation, with mass-migration adding to the 4.7 million non-citizens in the country, tax breaks being given to foreign corporate landlords like Blackrock under ‘Build to Rent’, foreigners continuing to buy Australian homes and red tape stopping tradies from building more. 

The government has offered young Australians starting out in life two equally terrible options: either become a debt slave to the banks forever or rent from a foreign corporate landlord like BlackRock and never actually own a home. Successive Liberal-National and Labor-Greens governments—uniparty governments, that is—have failed to address the root cause of the housing crisis: mass immigration. Why would they do that? The answer is simple: necessity. After years of selling Australia out to their foreign masters, such as BlackRock Inc, Australia’s domestic economy was performing so badly that immigration became the government’s lifeline. 

Australia has had negative per capita income for five successive quarters. What that means is that everyday Australians are going backwards. Their small pay rises do not compensate for inflation. 

The reason the Australian economy as a whole is not in recession is the spending from new arrivals, as they furnish their homes and buy clothes, appliances and so on. This feeds on the GDP. But, per capita, we’re in recession. It’s economic sherbet. Once the sugar hit wears off, these new arrivals wind up in the same cost-of-living recession as Australians. 

Instead of developing infrastructure, reducing red tape, reducing green tape, reducing blue UN tape and getting private employment going again, the government takes the easy way out: more migrants, and more, and more. Decades of mass immigration have led us to this place we are in today, where we have 4.7 million visa holders in the country who are not citizens of Australia. We now have absolute confirmation that neither Labor nor the Greens, the Liberals or the Nationals are capable of solving, nor can they be trusted to solve, the real cause of the housing crisis: mass immigration. 

And it’s a crisis. The latest CPI data shows that housing has now risen 5.9 per cent in the last year—an accelerating rate of increase. And electricity, by the way, went up 37 per cent, as those election bribes Labor gave you—sorry, electricity ‘subsidies’—started to expire. According to CoreLogic, it now takes someone on the average wage 12 years to save for a home deposit on the outskirts of Sydney and 30 years to save for the deposit on a home close to the city—30 years, for a deposit! Servicing a home loan now costs 42 per cent of income. The point at which a mortgage is considered to be impaired used to be 30 per cent. That’s insane! It’s a tragedy for young Australians. 

The blame for this rests squarely with the Liberal-National and Labor-Greens parties. You have taken the option of homeownership away from young people with your insane mass immigration and your net zero agendas. You, and you, have allowed foreign multinational corporations and superannuation funds to bid up the price of Australian homes, and you’ve stood idly by while young people have walked away from auctions in tears. Instead, you make cringeworthy TikTok videos. You make promises that are not and cannot be kept, because you run and hide from the real reasons for the crisis: the Ponzi scheme that mass immigration has become. You run and hide. 

Here’s what One Nation wanted this parliament to vote on today: 

That, in the opinion of the Senate, the following is a matter of urgency: 

The urgent need to address the failure of the Albanese government to fix home ownership for the next generation, with mass-migration adding to the 4.7 million non-citizens in the country, tax breaks being given to foreign corporate landlords like Blackrock under ‘Build to Rent’, foreigners continuing to buy Australian homes and red tape stopping tradies from building more. 

Yet the other parties want to remove the facts, the data, from One Nation’s motion. No-one wants to talk about the fact that there are 4.7 million visa holders—people who are not Australian citizens—in the country right now, all needing homes. No-one wants to talk about the tax breaks being given to foreign corporate landlords BlackRock Inc. No-one wants to talk about foreign ownership of Australian homes—no-one, except One Nation. 

There is a reason why One Nation is the most trusted party in the country on the issue of migration—that’s what the polls are saying quite clearly. The reason is simple: we care; they don’t. One Nation will govern for everyday Australians. It’s time for a One Nation government now. 

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‘Help to Buy’ Bill Fails to Address Australia’s Housing Crisis

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Australia has a housing crisis fueled by excessive immigration and a shortage of skilled tradespeople. The Help to Buy Bill 2023 is fundamentally flawed and unlikely to offer real solutions.

Why are we importing millions of migrants when Australians are sleeping on the streets?

The major parties talk about the housing crisis but fail to make a real impact.

One Nation is the only party that can be trusted to put Australians first.

Transcript

We have a housing catastrophe due to rampant immigration—excessive, reckless, record immigration. We also have a housing crisis because we don’t have enough tradies to build the houses that we need. The Help to Buy Bill 2023 is a bill that won’t help anyone. Right now, Queenslanders, in what should be the richest state in the world, are sleeping under bridges and on riverbanks. In one of the world’s richest states, working families with children are living in cars, coming home at night to wonder if their kids are still there. Where do they toilet? Where do they shower? It’s plain inhuman. Rents are skyrocketing—if a rental can be found. House prices are reaching record highs. This is a housing crisis, one of the worst we’ve faced. It’s an inhuman catastrophe. 

Last year, the federal government under Anthony Albanese brought in 517,000 net migrants. This year, after being promised that we would have lower immigration, we are tracking to have another new record—one above last year’s. How can you bring in more than a million people in two years? That’s hundreds of thousands of houses. How can you build them? We aren’t catering for the people already here, and now we’re bringing in record numbers—a million in two years. That’s 400,000 new houses needed, in addition to the already high demand and the people living homeless at the moment. 

The Albanese government, though, wants to look like it’s doing something—not do something but look like. Enter this Help to Buy plan. Under this plan, the government wants to own a significant part of your house. If it’s an existing place, the government wants to own 30 per cent, and, if it’s a new place, 40 per cent, with the government paying for part of it with low-income earners. While a 40 per cent subsidy might sound attractive, it’s fatally flawed. If the government just borrows more money for this plan, then one thing is going to happen. When you give 40 per cent more money to people to buy a house, house prices are going to go up. House prices will go up. The bill’s core concept and premise is flawed and possibly a lie. We can’t subsidise our way out of a house price problem. Subsidies always increase prices and have throughout history. Looking at the bill’s details, or lack of details, the problem is worse. I’ll look at some of the criteria in a minute. 

Thirdly, let’s look at the constitutional basis. This bill is completely outside the federal government’s powers. It’s highly complex. The government has tabled a late amendment to the bill, attempting to clarify a set of constitutional issues—too complex. 

I’ll go back to the immigration. In addition to rampant immigration of people coming into the country, prior to COVID, the number of temporary visa holders in the country was around 2.3 million people. As of the end of 24 July, that number is now 2.8 million—more than 10 per cent of our population—all needing a roof and all needing a bed. These are hard numbers and facts. This is what’s causing the housing catastrophe. These are the hard numbers and facts, as I said, yet the government has continued to lie, claiming, ‘We’re just catching up with immigration.’ Really? We haven’t just caught up; we’ve blown the record out of the water, not only for people on resident visas but also for new immigrants coming in. We’re nearly half a million people above the record for resident visas. Using the average household size of 2½ people per household implies the need for more than 200,000 houses just to cater for new arrivals. It’s actually 400,000. This is what we’re seeing in our country. 

Then there are the details. For an Australian who enters into a Help to Buy arrangement, where the government owns part of their home, what happens if they renovate their home at their own expense, spending hundreds of thousands of dollars and thousands of hours swinging hammers and pulling up carpet, and, as a result of their renovations, their $500,000 home increases in value to $600,000? I wonder whether the minister knows how much of that Australian’s renovation profit the government will take for doing nothing. I wonder whether the minister knows that the income thresholds are set nationally—$90,000 for singles and $120,000 for couples—despite the average house price varying from $504,000 in Darwin to $1.2 million in Sydney. I wonder why the government is not adjusting the income threshold from state to state. What are the price thresholds for houses eligible under this bill, and why haven’t these been set in the legislation? Why are we bringing yoga teachers into the country, through immigration, when we need tradies? Yoga teachers are wonderful, but we need tradies to get on with the job here. 

The government has appointed three sets of bureaucrats as part of its solution to the housing crisis. That’s just adding to the complexity and inefficiency. It’s adding to the catastrophe. We need tradies to come into this country. We need people to be vetted properly, to bring in their skills and to contribute. We have so many people in this country out of work, living on welfare, and not contributing. We have an abundance of people with good qualifications who want to come into this country. We can put them to work and fix the housing crisis quickly. These are just some of the issues that I’ll be exploring more in the committee stage. I want to put those comments back on the record. 

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