This means than young people simply cant afford to buy houses, however.
2025-07-17 23:53:10
1678
k :
But the Australian dollar is so weak compared to other western currencies
2025-07-18 02:04:03
527
elajones :
“Tax loopholes” 🤣 mate we can’t afford houses here
2025-07-18 03:18:28
231
row_df :
We just have a fair country mate 😂
2025-07-18 02:00:11
20
Deep :
That average is skewed harshly
2025-07-18 03:14:26
262
Dinkle sprinkle🇵🇬🇦🇺🇵🇸 :
As an Australian houses shouldn’t be used like investments most of us will never be able to buy a home it’s that bad
2025-07-18 02:08:16
139
Emma :
Nah bro the majority of Aussies are struggling. We just have a lot of multi millionaires which skews the average.
2025-07-18 07:22:05
108
David Hartas :
12% super and it’s not out of your pay it’s on top. So when we say $27 minimum wage it’s 12% on top of that.
2025-07-18 02:11:52
61
leorhysjones :
Superannuation is a scam in Australia that we are FORCED into. If you emigrate it cannot be taken with you (no ownership). Housing is impossible now too. Average Australians don't own anything, even if they think they do (Crown Land).
2025-07-18 03:22:45
4
User7490426380548 :
That’s simply not true, it’s most expensive country to live in, we can’t afford to live and buying a house dream is gone. We are thinking to move to Asia because of cost of living here so your narrative is entirely incorrect.
2025-07-18 02:47:35
8
Stevie :
Yeah but my generation cant afford rent so yeahhhhh
2025-07-17 23:53:53
302
Cass🇳🇿 :
It is great for people over 50, who have had houses for 30 years- awful for younger people who can't afford to buy or rent.
2025-07-18 00:19:05
75
Mike (Aussie guy 🇦🇺) :
Who would think America has the wealthiest people 😂 millions live on the streets
2025-07-18 04:34:35
8
wackojacko931 :
If I’m so rich then why don’t I feel rich?
2025-07-18 02:31:27
43
ManyEagles1 :
Most people don't notice 9.5% of their paycheck disappearing into the government? Come on bro lol
2025-07-18 02:15:18
4
Janooo :
Superannuation has increased the minimum super contribution to 12% (many jobs provide more than this). It’s generally on top of your salary and wages. It’s a great scheme, mine is approx 200k and no way would I have invested myself to get to that.
2025-07-18 03:24:44
11
100mello100 :
And we are also about to have the biggest wealth transfer in our history. Inheritance from baby boomers so if the world thinks we are wealthy now BOOM we will be extremely wealthy in a minute
2025-07-20 00:20:11
2
Reggieboobeedoo :
Ummm whose out here earning 250k?
2025-07-18 02:58:53
23
Parts Plus Pods :
All of this wealth is just on paper tho. The housing market is an extreme debt bubble that is on the brink of collapse. Its worse than the US was prior to 2008. Same with super, if everyone is forced to buy the same shares of course they will go up. But when people retire and more money is comming out of super oppesed to going in, the whole thing collapses.
2025-07-18 03:53:19
0
Aussie ‘Culture’ Bot 🇳🇿 :
We are so wealthy? We were previously, now we don’t even beat the USA in both average and median.
2025-07-18 01:53:04
19
Sophie :
Pension schemes are not revolutionary also in Europe and the UK 😎
2025-07-18 08:02:48
0
livbronwyn :
Foreign investment surcharge when buying property is an additional 7% of the property value - on top of stamp duty.
2025-07-18 03:04:59
3
essclub :
Ummm I heard cashiers make $39/hour in the land down under lol
2025-07-18 02:46:04
3
joy🌺 :
That’s insane.. I didn’t know that about Australia
2025-07-17 23:50:44
5
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