The growing constituency reshaping Australian politics

This situation creates a greater divide in the economic interests of renters and homeowners, potentially shifting (or entrenching) party preferences.Our new study explored how housing tenure relates to voting behaviour in Australia In fact, our data indicate 23 per cent of Greens votes come from renters, compared with just 11 per cent and 18 per cent for the Coalition and Labor, respectively.Together, these results align with the premise that the Coalition has been historically successful in attracting homeowners as a key constituency.They also suggest that having a mortgage makes people more likely to vote for policies that redistribute wealth and provide a buffer against interest rate changes.Renters, on the other hand, visibly lean towards parties that more actively support tenants’ economic interests.Importantly, our research shows the influence of home assets on voting behaviour is not static