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Albanese and Dutton pitching to the housing crisis
ABC NEWS (Australia)
Follow
4/13/2025
The billions being doled out by both major parties to tackle the housing crisis will likely get voters talking, but will it work?
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Transcript
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00:00
The Coalition's mortgage tax deduction scheme is really just another first home buyer grant.
00:07
As such, it's more likely to drive house prices higher than make them more affordable.
00:12
Same goes for Labor's 5% deposit scheme, also for first home buyers.
00:17
Combined with the five rate cuts the market is now predicting, house prices will probably
00:21
take off this year and housing affordability will be more of a crisis next year than it
00:28
is now.
00:29
Actually, both major parties really have some quite decent long term housing policies.
00:34
The Coalition has $5 billion for infrastructure, 400,000 extra apprentices and an ambitious
00:41
cut in migration.
00:43
Labor's new plan is for $10 billion in grants and interest free loans to state government
00:49
developers to subsidise 100,000 homes for first home buyers.
00:53
And that's on top of the $10 billion Housing Australia Future Fund subsidies for social
00:58
and affordable housing.
00:59
But these brand cakes both have big, differently coloured cherries on top to try to get voters
01:05
to eat theirs instead of the other one.
01:07
And the cherries for first home buyers will offset the benefits of the brand.
01:12
DP款 is found in common clues which we can use a standard choice as well asarted
01:14
teams also.
01:15
To adapt your eco- Streets would not only also be a hydrogenous coin .
01:17
It is Only Holas – Taken
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