1. 2023
  2. Pass the interest rate parcel

The Art of It

Pat Hudson
self-published

‘The great Australian dream’ of home ownership is a term that dates back to the post–Second World War era. Pat Hudson imagines a modern painting, attributed to ABC finance journalist Alan Kohler, that shows how rising interest rates, record bank profits and greater levels of homelessness have combined to push the dream out of the reach of many Australians.

Two people look at colourful artwork entitled 'cracks in the dream', where lines represent rising costs of living and falling home ownership.