Senate debates
Thursday, 22 August 2024
Questions without Notice
Housing
2:50 pm
Fatima Payman (WA, Independent) Share this | Hansard source
My question is to the Minister representing the Minister for Housing, Senator Gallagher. Minister, the great Australian dream of owning a home has turned into a nightmare, particularly for young Australians. Successive governments have introduced schemes aimed at making homes affordable, but these ill-conceived interventions often do more harm than good. The latest Help to Buy scheme is just another bandaid solution that will pour more money into an already overheated real estate market. When will this government address the real villain of housing unaffordability, which is negative gearing, and make the necessary changes to our tax system to stop wealthy investors from hoarding our precious housing stock and make it easier for Australians to own a home?
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