‘Don’t spend the difference’: where to put your money if you can’t buy your own home

Millions of younger Australians will never own their own home. With interest rates at record lows, how else can you safeguard your financial future?

If you feel like you're never going to own a home, you may be right.

A May 2020 report from the Australian Housing and Urban Research Institute forecasts that almost half" of today's young people will not own property by age 54. In the year since that report was published, Australian house prices have surged record amounts, making an already tricky property ladder even harder to get a foot on to.