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Australians say the young are victims of intergenerational bastardry
['Shane Wright']
WA Today - Politics / Federal
Australians think young people are the victims of intergenerational bastardry, with three-quarters believing their financial hardship begins with the property market and many arguing governments need to do more to make it easier for them to buy a home.
People crowd the auction for a suburban home as young people battle to find affordable housing.
Credit:Last year former Treasury secretary Ken Henry accused governments of all persuasions of forcing young people to pay ever-increasing levels of personal income tax to cover benefits that flowed to older generations, saying they had all engaged in “wilful acts of bastardry”.
Home ownership was a particular problem, with median house prices outpacing wage growth for the past three decades.
Every Australian capital is ranked among the world’s 20 most expensive cities.
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