Barbara Pocock @barbarapocock.bsky.social · 03/09/2026Final hearing of the housing inquiry & the results are in - the big 4 banks are big winners in the housing crisis while renters & 1st home buyers lose out. The big 4 made over $30bn in net profit in the last financial year, from mortgages, while many struggle to make repayments. 25526
Barbara Pocock @barbarapocock.bsky.social · 03/09/2026At the same time, rent is outpacing wage growth, with many more people renting today than 30 years ago because it takes much longer to save for a deposit. 181
Barbara Pocock @barbarapocock.bsky.social · 03/09/2026The housing system we have, created by successive Labor and coalition governments, was deliberately designed to benefit corporate greed, the banks, property developers and investors, not ordinary people simply trying to get by. 1243