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Saturday’s (21 May) Federal election brought with it a new government, with the Albanese-led Labor party winning power from the Coalition, bringing with it a raft of policy changes. The incoming Government is set to implement a range of initiatives that aim to address the biggest issues facing Australia’s property market including housing affordability and availability. The Help to Buy scheme, the Government’s main initiative, is one that Corelogic research director Tim Lawless anticipates to be popular for prospective home owners. This, Mr Lawless believes, is due to the scheme s ability to provide low-to-middle income earners with a more affordable entry into the property market, paving the way for greater equality in home ownership while simultaneously creating more opportunities for workers to live in more central locations. “Being able to share up to 40% of the purchase price with the government, along with only a small deposit and opportunity to save ....
Saturday’s (21 May) Federal election brought with it a new government, with the Albanese-led Labor party winning power from the Coalition, bringing with it a raft of policy changes. The incoming ....
As the Australian Labor Party takes the front seat, economists unpick how the raft of policy measures will combat housing affordability issues in Australia. On Monday (23 May) Anthony Albanese was sw ....