The speech argues that Australia’s housing crisis is worsening under Labor, and only a bold Liberal, supply-first, YIMBY approach can restore home ownership and the Australian dream.
At Senate Estimates, the Treasury Secretary could not explain why the Labor Government hasn’t supplied the modelling they commissioned on price impacts of the 5% deposit scheme.
The Reserve Bank Governor has given a brutal assessment of Labor’s housing catastrophe at Senate Estimates.
Today, the Australian Prudential Regulation Authority has taken the unprecedented step of implementing debt-to-income limits on mortgages. This is a direct rebuke to Labor’s reckless, non-means tested and uncapped 5% Home Guarantee Scheme.
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