Politics Now Albo and Dutton move on housing. Is it enough?
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Apr 14, 2025 Australia's political landscape heats up as Anthony Albanese and Peter Dutton unveil their housing policies aimed at young buyers. Experts raise eyebrows over how these plans might actually cause housing prices to rise, leaving affordability in question. The podcast delves into the contrasting strategies of the two parties, including low deposit options and tax incentives. It also highlights the struggles of younger voters navigating a tight market, with a focus on ongoing debates about housing equity and the influence of media narratives on political strategies.
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Policy Reversal
- Patricia Karvelas reveals that the Coalition considered a mortgage interest rate deduction policy during Budget Week.
- They initially deemed it too expensive but later adopted it to reset the campaign agenda.
Demand-Side Concerns
- Both parties claim their housing policies boost supply instead of demand.
- Economists argue these policies primarily stimulate demand, potentially worsening affordability.
Expert Criticism
- Experts like Chris Richardson and Martin Parkinson criticize both parties' housing policies.
- They believe the policies are ineffective and potentially harmful to taxpayers.