Natsem

Lies, damn lies and statistics. Without denigrating the excellent, proactive work by the Herald Sun in commissioning NATSEM research showing Australian households are $23 better off per day than five years ago, this figure is a load of horse manure.

Home sweet unaffordable home

Every Australian knows it, not least Julia Gillard and Tony Abbott, whose only common ground is the belief that Australians are doing it tougher than ever. Which we mostly are.

There is of course a legitimate line that many Australians delight in casting themselves as perennial battlers, even as they purchase ever bigger, flatter TVs and ever larger homes. Rampant consumerism can never be discounted in any measure of our material wellbeing. But as NATSEM’s figures show, it’s the essentials that are rising in cost, not the expendibles.

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  • Amanda Coleman says:

    03:43am | 01/07/11

    I hope the improvement is permanent as well! My family and I will be moving to Australia at the end of the year for my husband’s job. I appreciate realistic articles like this that will help prepare us for what we will be spending our money on. I visited Australia… Read more »

  • Rhino says:

    02:20pm | 09/05/11

    The only equitable solution to the conudrum as you have identified here is to up our super to 12% and allow our superannuation to purchase our family home (which is how it is done in Singapore, i believe). This maintains the property values and funds the future, downside is that… Read more »

 

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