Heritage Commission registers over 700 new archaeological sites in Saudi Arabia    Heritage Commission registers over 700 new archaeological sites in Saudi Arabia    Saudi Arabia announces its candidacy to ITU Council's membership    Venice activists plan to disrupt Jeff Bezos's wedding    Explosions heard in Tehran as Israel launches a new wave of airstrikes    Riyadh ranks 23, up 60 places, among top 100 emerging startup ecosystems globally    Mobile Festival across Riyadh features Dar wa Emaar's annual Eid Al Adha celebration The mobile festival reinforces the company's commitment to building vibrant communities and enhancing quality of life beyond unit delivery.    Ministry of Hajj suspends 7 Umrah companies over transport violations    Expo 2030 Riyadh registration dossier receives final BIE approval in Paris    Trump abruptly leaves G7 Summit as Israel-Iran conflict intensifies    Iran launches fresh missile attack on Israel as conflict enters fifth day    California doctor to plead guilty to supplying Matthew Perry with ketamine    Culture Ministry to present second edition of 'Terhal' performance in Diriyah this August    Smart applications transform visitor experience and accelerate digital transformation in Saudi tourism    Saudi Arabia beat Haiti 1-0 to open 2025 Gold Cup campaign    Saudi Arabia miss World Cup spot after Australia defeat, head to Asian playoff    Al Hilal president: No new signings for Club World Cup due to inflated demands    New York Gallery showcases AlUla Heritage sketches by French architect Heim    Saudi Arabia face uphill task against Australia in World Cup qualifier    Cowboy Beyoncé dazzles nearly sold-out stadium    Ministry launches online booking for slaughterhouses on eve of Eid Al-Adha    Shah Rukh Khan makes Met Gala debut in Sabyasachi    Pakistani star's Bollywood return excites fans and riles far right    Veteran Bollywood actor Manoj Kumar dies at 87    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Australia PM faces backlash over new A$4.3m beach pad
Published in The Saudi Gazette on 16 - 10 - 2024

Australian Prime Minister Anthony Albanese is under fire after buying a multi-million-dollar cliff-top home amid a national housing crisis.
Albanese made the purchase months out from an election in which the cost of living and housing are key issues.
The move has sparked backlash from across the political divide — with his opponents calling it "tone deaf" and some within his own party anonymously telling local media it left them "gobsmacked".
Albanese defended his decision, saying he "knows what it is like to struggle" but bought the luxury property to be close to his fiancee Jodie Haydon's family on the New South Wales Central Coast.
Property records show the four-bedroom, three-bathroom, and three-carport property in Copacabana — which has panoramic views — was sold for A$4.3m ($2.9m, £2.2m) last month, but the purchase is yet to settle.
At a press conference about housing on the day news of his new home broke, Albanese said he was aware that he was "better off" than many Australians due to his income but that he could still empathise with their struggle.
"My mum lived in the one public housing [home] that she was born in for all of her 65 years," he told reporters.
"I know what it is like, which is why I want to help all Australians into a home."
Albanese's Labor party has created a A$10b investment fund for social and affordable housing. It has struggled to get other housing initiatives through parliament though, due in part to a lack of support from the Australian Greens party and some independents, who want the government to produce more ambitious policy proposals.
Research suggests Australian cities rank among the worst in the world for housing affordability, with Sydney trailing only Hong Kong, according to the 2024 Demographia International Housing Affordability survey.
About two-thirds of Australian households own a home, but, according to parliamentary disclosures, about 95% of sitting federal politicians own at least one residential property. About a third own three or more.
While some of his colleagues have backed Albanese, several have broken rank to criticize his decision anonymously as being out of step with the public.
"I can't think of a greater act of self-sabotage in my life," one Labor MP told the Sydney Morning Herald — who redacted their name "so they could speak freely".
"If you're a Labor MP up against a Green at the next election, good luck," they added.
Greens housing spokesman Max Chandler-Mather said Albanese's purchase highlights the need for reform to lucrative tax incentives for property investors and greater renter protections.
"Labor and the Liberals have created a housing system where a property investor can buy a A$4.3m beachfront home, while millions can't even find an affordable rental, let alone buy a house of their own," Chandler-Mather wrote on X.
Liberal Senator Jane Hume said "everybody has a right to a personal life" but questioned "the timing" of the purchase: "This is tone deaf during a housing crisis," she told Channel 7's Sunrise programme.
However Opposition Leader and fellow Liberal Peter Dutton declined to criticise Albanese but noted that many Australians were struggling with their own mortgages. — BBC


Clic here to read the story from its source.