Media release
Common sense solutions to fix housing crisis: Palmer
The Trumpet of Patriots has outlined its common-sense plan to tackle Australia’s housing affordability crisis, with Chairman and spokesperson Clive Palmer calling for immediate action to give Australians a fair go.
Mr Palmer said three key policy measures would deliver a lasting solution: the construction of high-speed rail to open affordable land for housing, allowing Australians to access superannuation for home deposits, and capping interest rates at 3%.
“We can solve the housing crisis by establishing fast train rail tracks extending 120 kilometres from our capital cities, creating a 20-minute commute to the CBD.
“This will not only relieve traffic congestion but also unlock affordable land, making homeownership attainable for more Australians,” Mr Palmer said.
He also called for urgent legislative change to allow Australians to access up to 30% of their superannuation to fund a home deposit.
“This will give millions the opportunity to enter the housing market, reducing rental demand and ultimately driving down homelessness and poverty,” he said.
Mr Palmer said Australia’s balance sheet and financial rating could be leveraged to cap interest rates at 3%, preventing thousands of Australians from losing their homes.
“There are now 120,000 Australians homeless due to declining living standards and cost-of-living pressures imposed by the uni-party of Labor and the Coalition,” he said.
“Australia needs common sense solutions, not professional politicians who are out of touch with the struggles of everyday Australians.
“The Trumpet of Patriots is committed to policies that put people first and restore fairness to the housing market,’’ Mr Palmer said.