Peter Martin, Crawford School of Public Policy, Australian National University
The opposition leader wants to restrict foreign investors to new properties. In 2016 and 2019 Labor wanted to restrict negative gearing to new properties.
In his budget reply on Thursday night, Dutton tapped into the electorally emotive issues of housing and immigration with the new measures he put forward.
A Coalition government would drastically slash migration as its main way of freeing up more than 100,000 homes over five years, Opposition leader Peter Dutton has promised in his budget reply.
Community housing is not a silver bullet to Canada’s housing crisis. But a strong community housing sector can play a significant role in providing all Canadians with the right to adequate housing.
Amid a housing affordability crisis, new research suggests the federal government should allocate resources to the housing needs of children being raised by single mothers.
For the Commonwealth, the best measure is rent assistance. For the states, it’s a mix of two-thirds first homebuyer grants and one-third stamp duty discounts.
Co-operatives make up only a small part of Australia’s accommodation stock but their users say the benefits warrant it being considered as a way of easing the housing crisis.
Neither investors nor super funds are prepared to wear the losses needed to put low-income Australians into housing. The government should double the size of its Housing Australia Future Fund.
Despite different theories, there is no simple answer to whether prospective home buyers are better off buying before or after the expected interest rate drop in the next year.
Negative gearing is popular because it lowers home owners’ tax bills. But its critics say it has reduced affordable housing stock keeping the less well off out of the market.