Michael Sukkar MP

Federal Member for Deakin
Shadow Minister for Social Services
Shadow Minister for the NDIS
Shadow Minister for Housing
Shadow Minister for Homelessness
Manager of Opposition Business
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HOUSING REMAINS AT THE BOTTOM OF LABOR’S PRIORITY LIST



THE HON MICHEAL SUKKAR MP
Shadow Minister for Social Services
Shadow Minister for the National Disability Insurance Scheme
Shadow Minister for Housing and Homelessness
Manager of Opposition Business
Federal Member for Deakin

THE HON ANGUS TAYLOR MP
Shadow Treasurer
Federal Member for Hume

SENATOR ANDREW BRAGG
Shadow Assistant Minister for Home Ownership

JOINT MEDIA RELEASE

12 February 2025

HOUSING REMAINS AT THE BOTTOM OF LABOR’S PRIORITY LIST

The Coalition notes Labor’s eleventh-hour attempt to try and appeal to first home buyers after nearly three years of fiddling while Rome burns.

Only weeks out from a federal election, this underwhelming announcement is just a desperate attempt to look like the Albanese Government cares about young Australians who have suffered the most under Labor’s housing crisis.

This announcement provides no new money, no new ideas and no new homes – it’s just a gentle letter from the Treasurer to APRA and the same Labor housing crisis.

After almost a full term in Government, the only policies supporting first home buyers are the ones Labor inherited from the former Coalition government, and not a single home has been built under a policy or programme delivered by the Albanese Government.

Not a single first home buyer has bought a home through a Labor housing policy because Labor policies for first home buyers simply don’t exist.

The Coalition is the party of housing supply and home ownership, evident through our commitment to:

  • Allow first home buyers to access up to $50,000 of their own superannuation to help with the purchase of their first home, through the Super Home Buyer Scheme.
  • Unlock 500,000 new homes through our $5 billion Housing Infrastructure Programme, which will fund the critical infrastructure – such as roads, water and sewerage – that is holding back the development of new homes.
  • Reduce migration to sensible levels that our housing supply can handle, which will ultimately benefit both renters and aspiring homeowners by freeing up stock and reducing competition.
  • Implement a two-year ban on foreign investors and temporary residents purchasing existing homes.

Ends