Tanya Plibersek (Sydney, Australian Labor Party, Minister for Housing) Share this | Hansard source

In 1996 the average home cost four times the average annual wage; in 2007 the average home cost seven years worth of the average annual wage. Housing affordability is at its worst point in Australian history. Indeed, Australians now spend about $30 out of every $100 on their mortgage repayments.

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