Melissa Price (Durack, Liberal Party) Share this | Link to this | Hansard source

The 2023 Monash University Youth Barometer survey highlights the difficulties that our youth are facing. Nine in 10 surveyed experienced financial difficulty over the past 12 months, and 61 per cent believed they will be financially worse off than their parents.

You shouldn't have to be born with a silver spoon in your mouth to be able to get ahead in this country—I know how hard it can be, as someone who lived in regional Australia and left school at the age of 15—yet, the Australian dream of homeownership is literally slipping away. Just 41 per cent of young Australians believe that they will be able to purchase a property in the future, and it's only getting harder under Labor. Their reckless immigration policies mean that Australia's population is growing at the highest rate in 70 years. They are driving the rental crisis, with vacancies hitting a record low of just 1.02 per cent in October and the cost of housing increasing by 10.4 per cent in the past 15 months.

The Liberal Party has always believed in supporting young people to get ahead and to purchase their own home. Labor cannot continue to take the youth vote for granted, while, at the same time, pushing up rents and destroying the Australian dream for so many young Australians.