
Labor are shifting the blame for their housing failure
Labor is using the Iran war as a shield from its housing failures. The Government was already 100,000 houses short of its target before the war.
Clare O’Neil is fast becoming the most desperate Minister in a bad government by blaming the Iran war for her failure to meet the targets Labor set.
Minister O’Neil said “I want to be frank that this is the new normal we are facing.”
Apparently mediocrity and blaming others is the “new normal” for Australia under Labor.
Well it’s true they have no real plan on how to make up the housing supply shortfall. So far Labor has inflicted eight housing failures upon the nation:
- No delivery on red tape reduction promised at the Economic Summit
- Construction Code and EPBC Act are both getting worse, not better
- 22.8% housing inflation since June 2022
- Population growth of 1.9 million since 2022 but only 600,000 new homes completed
- 30,000 fewer dwellings built each year compared to the last government
- Record, reckless house price growth thanks to 5% deposits
- A housing fund that doesn’t build houses
- Consideration of new taxes to further reduce housing supply
Under the Coalition 200,000 houses were built each year. Under Labor it’s just 170,000. Now they need to magically build some 260,000 houses per year to make up the gap. This has not happened before in Australia.
A serious policy response commensurate to the housing supply crisis is needed. One that cuts housing taxes, makes building houses much easier and cheaper, cuts red building tape, cuts EPBC green tape, and unlocks private investment. We need to build our way out of the housing supply crisis. Blame shifting won’t help Australia.
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