Jim PenmanCEO, Jim's Group · CEO and Founder of Australia's largest franchise, Jim's Group

Australia's $70K Household Cost #shorts

9 Feb 2026 · 1 min

Watch on YouTube

1:15

In this YouTube short, businessperson Jim Penman, a former Liberal Party fundraiser who has become disillusioned with the party, delivers a scathing critique of the Liberals for neglecting ordinary Australians. He presents an analysis claiming that a typical Australian household bears roughly $70,000 per year in hidden costs, largely driven by inflated housing prices—estimated at about half‑a‑million dollars more than they should be because of zoning violations. Penman frames this figure as "real cash money" and asks viewers whether they would prefer the current government approach or to have that amount returned to their pockets, highlighting the perceived impact of policy on household finances.

Chapters

They are so pathetic and weak in terms of looking after the interests of ordinary Australians. As somebody in business, I have been supportive of the Liberal Party in the past. I've actually run fundraisers. I've had Peter Costello, I've had Tony Abbott. I've had people coming to this place because I believe in business principles. I, frankly, have given up on the Liberal Party. I really do not believe in them anymore. They are so pathetic and weak in terms of looking after the interests of ordinary Australians. Now, we've been doing some analysis, and I've just. The video. What we're looking at is what it actually costs typical Australian households on. Whoa. That's real money, too. On an annual basis, this is a per household cost. And putting it together, including the cost, extra cost of rent or of buying a house, which costs, let's say, a half million dollars more than it should because of zoning violations, we're talking about something close to $70,000 per household per year. This is real cash money. And if you ask people, if you show them this $70,000 per year that you're spending, would you rather the government continue to do what it's doing now with their blur, or would you rather have this money in your pocket? How much difference would it make?