Aussie PM ticked off for buying waterfront home during housing crisis

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Aussie PM ticked off for buying waterfront home during housing crisis
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TOKYO (Reuters) - British fintech firm Wise has won approval for direct access to Japan's bank payment clearing network, becoming the first foreign financial company to do so, it said on Thursday.

MELBOURNE: Australia n Prime Minister Anthony Albanese has been criticised for buying a multimillion-dollar waterfront home during a national housing crisis with federal elections just months away.

"We want to get on with helping Australians, whether it be public housing, whether it be rentals or whether it be buying their own homes,” Albanese said. "The real issue for Australians is a lot of people want to be able to buy a home, but they’re finding it very, very difficult and the current government is doing a very poor job at getting the policy settings in place to make it easier,” opposition lawmaker Paul Fletcher told Sky News Australia.

"For the prime minister to make this purchase in this climate is just distracting for the Labour Party," Ghazarian said. On Tuesday, Albanese explained he was buying the house because the family of his fiancee, Jodie Haydon, lived on the Central Coast. Albanese lives in the prime minister’s official residences in Sydney and the national capital Canberra. He said he was selling his private Sydney house which would help pay for the Copacabana home.

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