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Labor faces backlash over housing affordability crisis as concerns mount over falling standards of living

Remy Varga

14 Oct 2024

Voters convinced they won’t ever be able buy a home are set to swing away from Labor as housing affordability firms as the key issue ahead of the next election.

Voters convinced they won’t ever be able buy a home are set to punish Labor as housing affordability firms as the key issue ahead of the next election alongside concerns over falling living standards and retirement.


New polling has revealed 85 per cent of Australians believe it is impossible or are unsure whether a young person can break into the real estate market without family assistance and rates of pessimism are highest in electorates held by Labor.


It comes as the Coalition leads voter preferences for the first time since the 2022 federal election, according to a Newspoll conducted for The Australian, edging ahead of Labor by

51/49 with eight months to go until the next election.


The research by Redbridge and Accent found that electorate level pessimism towards home ownership and retirement strongly correlates with swings away from the government, especially in outer suburban and regional areas.


Read the full story here.

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