Michael Sukkar MP

Statement By Members: Housing

The housing crisis under Labor is just getting worse. The Australian Bureau of Statistics has shown again that the housing crisis is being exacerbated by terrible decisions of this government and their 1.2-million-home promise. The so-called promise of 1.2 million homes is going to fall 400,000 homes short. This compares to the more than a million homes that were commenced under the coalition between 2017 and 2021.

To put this into some context, the Labor Party is bringing in record levels of migration—nearly half a million migrants a year—when we’re building fewer homes. Only 158,000 homes were approved last financial year—with more than half a million new migrants. You don’t need to be a genius to know that this government has no plan for where those record levels of immigrants will be living. We’ve seen median rents in this country increase by 23 per cent. Australians are paying 23 per cent more in rent, $632 on average per week, as a result of the migration policy of this government. Australians with a mortgage are paying over $20,000 a year more in interest repayments because inflation has remained elevated due to the poor decisions of this government.

Only a coalition government after the next election will ensure that housing is available for all Australians to purchase or rent.

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