Australia's housing crisis has become a fierce political battle that could have major implications for the next federal electionA fierce battle over housing is set to intensify and define the next federal election as Labor, the Coalition and the Greens target a growing cohort of voters who believe they've been locked out of home ownership for life.
There's a reason why opposition parties often prefer to avoid producing actual policy alternatives until they absolutely must, writes David Speers.In the middle stands the Albanese government. Burnt and scarred by their crazy-brave promise to reform negative gearing in 2019 — partly leading to them losing that election — they have been running from any suggestion that they might again look at contentious changes to tax on property ownership.
Several of Collins's colleagues have described her as a solid minister; some also say she is having little cut-through where it matters most. But most concede the government needs to take collective responsibility for the housing crisis and debate — and the looming budget in May provides a key opportunity.Labor has several housing policies — including its help-to-buy scheme designed to assist 10,000 homebuyers a year through shared equity.
It cut deep. NDIS and Government Services Minister Bill Shorten — who is known for calling a spade a spade — said there was a "crisis out there" in how to balance immigration and housing. Coalition figures privately admit they've been too slow to respond to this issue. Given the housing crisis has become a BBQ-stopper conversation, it is surprising that the Coalition has taken so long to develop targeted policies to address it.
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