First home buyers told to earn more money if they want to secure property

A Victorian MP has found the solution to Australia’s housing crisis after telling struggling Aussies to go and get a “highly paid job”.

Coalition MP Michael Sukkar – the Assistant Minister to the Treasurer – said the easiest way to curb the growing housing crisis encumbering many young Australian’s from owning their own home is for recent university graduates to simply secure lucrative employment.

"We're also enabling young people to get highly paid jobs which is the first step to buying a house, it's not the only answer but it's the first step," Mr Sukkar told Sky News last night after pointing out how he was able to buy two properties by the time he reached the age of 35.

"I want to see young people like me, leave university, I was a terrible university student, but I left university because the economy was so good, I got a great start and I was able to forge a career," he said.

Mr Sukkar, who has been tasked with tackling housing affordability, has two mortgages in Canberra - one an investment property and another on a residence he lives in, Fairfax Media reports.

The assistant minister, who makes more than $200,000 a year, reportedly claims his $273 per day parliamentary living allowance is how he pays off his investment property.

The Victorian MP’s comments shadow those of former treasurer Joe Hockey, who claimed more Australians just needed to “get a good job that pays good money,” if they want to buy their first home.

That current average wage in Australia is $78,832 per annum coupled with an almost million dollar median price tag for a home in Sydney.

© First home buyers told to earn more money if they want to secure property