ABS Data reveals that investor loans make up nearly half of all approved loans. This indicates that for every 10 loan applications, approximately 6 are for owner-occupiers and 4 are for investors. This information emphasizes the importance of our campaign and the need to pressure the government to halt investor loans, allowing more opportunities for owner-occupiers to enter the market.

It's clear that inflation is spurred by various factors, including:

Rise in Interest Rates by the RBA: The recent increase in rates by the Reserve Bank of Australia has contributed to inflationary pressures.
Price Gouging Across Industries: Some industries engage in price gouging, exacerbating inflationary trends.
Investor-led Consumer Buying: Investors, attracted by returns of up to 40% on properties purchased in 2022 and 2023, are driving consumer purchasing behaviour.
Passing Rate Hikes to Renters: Investors often pass on rate hikes to renters through increased rental prices, further fuelling inflation.
Increased Insurance Costs: Rising insurance premiums add to the overall cost of living, contributing to inflation.
Elevated Medical Costs: Healthcare expenses have risen, adding to inflationary pressures.
Higher Petrol Costs: Increased petrol prices contribute to inflation by raising transportation costs for goods and services.
Rise in Service Costs Across Industries: Services across various sectors have experienced cost increases, adding to inflationary pressures.