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Subscribe NowStatement by Members: Housing
The housing crisis under this incompetent Labor government is just getting worse. We not only have fewer homes being built, fewer homes being completed, fewer first home buyers and fewer approvals—while all that is happening, we still have the world-record migration program being run by this government. There are 1.4 million new migrants with no idea of where they are going to live. On every single metric, the Australian people have seen housing go backwards under this shambolic Albanese government, but the sad news for Australians is the housing crisis will just get worse.
If you look at the approval data over the next 12, 18 and 24 months, even fewer homes are going to be built. What is the big answer from the government? The big answer is: we want big corporates to own tens of thousands of homes in this country—fewer mum and dads owning homes and more big foreign corporates. The other big idea is their so-called Help to Buy program. It should be called the forced-to-sell program, because that’s exactly what will happen to people who participate in it.
The Australian people have spoken. They know this Labor government has no idea about housing. Sadly, that’s why it’s going to get worse under their watch.
Click here for a PDF of the Hansard extract for this speech.