Author(s): Sergio Famiano

Australian Current Affairs

The book explores the ‘Australian Dream’ of home ownership and its symbiotic relationship with suburbia. The origins of the Australian Dream are discussed in the book examining its origins in early colonial times and its reinvention in the Post World War 2 era with its promotion in line with an egalitarian Australia and foil to combat the growing threat of communism across the world in the years post the second world war. The book explores the once affordable Australian Dream has now turned into a crisis where Australian cities such as Melbourne, Sydney and Brisbane experience median house prices well above $1m. The reasons for this transition from affordable to unaffordable are examined including its impact on Australians.