Housing is the right problem but our leaders have the wrong policies
- Housing remains a major issue in the Australian federal election, with over 122,000 Australians reported homeless in 2021, according to the Census.
- Opposition Leader Peter Dutton proposed allowing first home buyers to deduct mortgage interest payments, which he claims could save them about $10,000 a year.
- Labor announced a $10 billion fund to build 100,000 homes, aiming to lower deposit requirements for first home buyers to 5%.
- Experts warn that proposed policies from both parties could lead to increased housing prices and worsen affordability.
14 Articles
14 Articles
Housing Crisis Needs ‘Bold’ Vision, Not Demand-Side Tweaks: Advocates
News Analysis Housing remains a core focus of the Australian federal election, and concerns have been raised that the weekend policy announcements by both major parties don’t hit the mark. As of the 2021 Census, more than 122,000 Australians were homeless, with rental vacancy rates tightening dramatically in several regions as domestic and overseas migration push housing supply to the limit, in turn, forcing rents and property prices to new heig…
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