Daniel Mulino (Fraser, Australian Labor Party) Share this | Link to this | Hansard source

Before starting my own contribution, can I just echo the words of congratulation to Dr Jane Tiller from the previous speaker.

I'm speaking in today's 90-second contribution about a decade of failure under the Liberals in relation to housing. Housing has become a distant dream for too many Australians. Young people have been forced to delay or abandon homeownership because of the Liberals' neglect and mismanagement.

Labor is now fixing the mess the Liberals left behind. Our $32 billion housing plan tackles every part of the housing crisis, from infrastructure to affordable ownership. Our reforms deal with financing and funding and also key bottlenecks, through incentives to local government and funding for last-mile infrastructure. We introduced the First Home Guarantee, cutting the deposit for new homes to just five per cent in some instances. We also invested $1.5 billion to clear infrastructure bottlenecks, a critical part of the system. Two billion dollars have been dedicated to fast-tracking thousands of social homes, and $10 billion in the Housing Australia Future Fund will deliver affordable homes nationwide. Labor's shared equity scheme will help 40,000 Australians buy their homes.

And what have the Liberals done? After their decade of neglect, now they've voted against all of the key measures put forward by the government over the last two years. They have consistently put politics ahead of people. The Liberals' only plan is to force people to raid their own superannuation. This will push up prices and do nothing to add to supply. Economists have lined up to oppose this cynical policy.