Anthony Albanese’s cabinet has been called the most diverse cabinet ever with a record number of women, Linda Burney as the first Indigneous woman to sit in cabinet, and Anne Aly and Ed Husic the first two Muslim ministers.
These appointments are welcome — we want Australia’s leaders to reflect their constituents. Diversity leads to better outcomes because a broader range of experiences helps make good policy.
So why is it that when it comes to one of the most important political issues of our time — housing — the cabinet looks nothing like modern Australia?
Researcher David Kelly crunched the numbers and found that members of the new cabinet declared owning an average of 2.9 properties — 61 properties spread across 23 MPs.
This isn’t unique to Albanese’s team. In fact, his hand is forced by the make-up of Parliament. All but seven MPs in the last Parliament — 96.6% of them — own a home, according to realestate.com.au analysis.
Twelve owned five or more properties. Leaders of both major parties, Albanese and Peter Dutton, are landlords. One of Albanese’s tenants and a former Labor staffer made a TikTok video during the campaign about why people should vote for him.
(These numbers probably underestimate how many houses are owned by the MPs’ families as they don’t include property owned entirely by spouses, for example.)
This doesn’t look like the rest of Australia. Just two-thirds of Australian households own their own home, according to the most recent figures released by the ABS. Coincidentally, that’s almost exactly the same as the number of people in Parliament who own two or more houses.
Let’s look at what it’s like to be in the other third of Australians not represented in Parliament.
Renters are paying huge amounts in what’s being called a “landlord’s market”. The housing insecurity commonly faced by renters damages their mental health. Tenants face arduous vetting and discrimination while trying to find a place. Challenges like mould outbreaks and cold weather leave tenants begging for landlords to take action. Tenants’ rights are a state issue but many factors affecting housing affordability — and therefore whether someone is a tenant or not — are federal decisions.
Let’s face it: this is a broader problem of our political and economic system. Becoming a politician is a first-class, one-way ticket to the elite. Even if the major parties selected renters and we elected them, they’d end up in Parliament on their big salaries. Then what better place to park that extra cash than in an investment class that’s protected with generous tax concessions like negative gearing and capital gains tax?
For now, we must accept we are unlikely to see representation on one of the most important issues of our time. But since renters won’t have a place in our cabinet, ministry and Parliament, our MPs must prove they are seeking out this voice when considering how to make Australia a fairer place.
Max Chandler-Mather, the new MP for Griffith, is a renter. So renters have at least one rep for them.
The new member for Brisbane also.
He’ll just about have a deposit ready for a house after his first paycheck though
Not really – assuming he has no other income as an erstwhile ‘retail worker’ than the $200,000pa for a back bencher he will, after tax, have about $5,000 per fortnight.
Is your snark green eyed envy?
5k a fortnight. My heart bleeds…
That’s about 10x the money someone renting on the dole takes home.
Dole? He has a job.
Quite right, sorry my dude. It’ll take hime a whole TWO paychecks to have the deposit for a place.
There was no snark intended – merely pointing out that we wont have a renter rep for long.
God forbid someone should be envious of a higher salary. “No! Of course I’m fully hapoy living in the squalid conditions deigned suitable by my income! Thankyou epiminides for showing me the error of my ways!”
Jog on
Yep. And Better than that, he despatched the time-server and uninspiring Terri Butler into the bargain.
It speaks to the fundamentally skewed nature of the Australian economy where vast amounts of capital are (unproductively) tied up in rent-seeking. This adds enormously to the cost of production as well as creating a poisonous social divide – AND (given the current world climate) the growing risk of a catastrophic housing crash.
When, not IF, interest rates rise substantially – or even slightly given how large many mortgages are – there will be, according to neolib zealots, a collapse of house prices.
In the early 80s, before HawKeating, it was possible to pay off a mortgage on the dole as did I and several friends.
None of us would object to that halcyon time returning.
Good article. The question is not how many investment properties the pollies own, but how they are used. A good and fair landlord (yes, the numbers are dwindling) is not necessary a problem. One that uses their properties for Air B&B purposes deprives someone from a home, as does one who keeps an untenanted property for a market opportunity. And there are plenty of slum landlords around, almost free from any scrutiny from tenants associations due to fear and intimidation. In the case of politicians, a tenants’ reference should be mandatory, public, and free from coercion.
HA! Good luck with that. Ain’t gonna happen. How about something realistic like after a politician’s or government’s term has expired, the rate of ownership, not just mortgaged debt, but also mortgages paid off and debt free ownership.
We need a serious look at tge whole real estate thing. The german system seems to be a good start especially in relation to permanent renters. They get a good deal in germany. I dont think anyone in govt has the vision, the guts or the empathy to even review the current situation without a serious groundswell or actual revolt. Maybe start with a renters union followed by a series of demonstrations in all state capitals.
Rent strikes…and blockades at attempted evictions… sounds like a plan..
Grundle advocated those tactics when the Plague first landed and the outrage here was instructive of the nature of readership.
Or, rather, the commenters – none so touchy as guilty hypocrites.
It’s an old song – “Meet the new boss – same as the old” – and its truth is undiminished by age.
As Harry Truman noted “Show me a man that gets rich by being a politician, and I’ll show you a crook.”