Apparently somewhere in the ACT Treasury resides a document claiming that Canberra is ‘Australia’s most affordable capital city’.
This has prompted the Liberals’ Vicki Dunne to let rip:
“In my electorate, the median house price in Canberra’s cheapest suburb of Charnwood is more than $160,000 higher than the equivalent suburb in Sydney (Canberra Times, 15 December 2011). In Dunlop, rates have increased by 132 per cent. This is anything but affordable and it’s time ACT Labor acknowledged this fact,” Member for Ginninderra Vicki Dunne said today.
“Overall, the average cost of a first home in Canberra has risen by more than $20,000 in the last financial year to over $400,000.
“Since ACT Labor came to power, ACT property rates and charges have increased by over 75 percent and rents have increased by 68 percent.
“ACT Labor is responsible for a substantial proportion of these cost pressures and if they can’t acknowledge the problem they can’t fix it.
At the heart of all this is an assumption that all people are on average or median incomes, where in fact the average is formed by a great number of people earning well under it.
Basically if you’re a double income public service family Canberra is quite affordable. And if you’re not then you should be.