Australian PM buys luxury home amid affordable housing push
- Anthony Albanese purchased a £2.2 million home in Sydney while launching an affordable housing plan.
- His decision has faced backlash from within the Labor Party, with concerns about its timing amid a housing crisis.
- The controversy highlights the challenges the government faces in balancing personal actions with public commitments to housing affordability.
In Australia, Prime Minister Anthony Albanese recently purchased a luxury home for £2.2 million in a popular Sydney vacation area, coinciding with his government's announcement of an affordable housing plan. Albanese acknowledged his improved financial situation as prime minister but expressed empathy for the struggles many Australians face, particularly regarding housing affordability amid rising interest rates and property prices. His decision to buy the home has drawn criticism from within his own party, with some Labor MPs arguing it undermines the government's commitment to addressing the housing crisis. They believe that such a purchase is ill-timed, given the current economic challenges faced by many citizens. Albanese's spokesperson noted that the purchase was influenced by his partner's family ties to the area, highlighting personal motivations behind the decision. The prime minister's investment property in Dulwich Hill is also on the market, further fueling discussions about his financial choices and their implications for his political standing and the Labor Party's image as they aim to build 1.2 million homes by 2030.