Treasurer's housing targets are pie in the sky   
2025-07-15
greens.org.au


There is an urgent need for tax reform if Labor wants to solve the housing crisis according to Greens housing spokesperson, Senator Barbara Pocock.

Treasury has kyboshed Labor's targets and Pocock says all they are doing is helping wealthy investors to corner the market with the 50% discount on capital gains tax and lucrative negative gearing arrangements.

Lines attributable to Senator Barbara Pocock:

“Jim Chalmers said yesterday that Labor can deliver their promised 1.2 million new homes – well, someone needs to tell him he’s dreaming.

"Without reform to the tax concessions for property investors this supply side solution will never solve the housing crisis. House prices will continue to rise, rents will continue to spiral and wealthy investors will acquire most of those new homes while first home buyers continue to miss out.

"We need more homes to be built, but we also need to make sure first home buyers and owner occupiers are actually able to purchase them.

"Currently, 70% of home lending is going to people who earn over $200,000 a year. To make home ownership accessible to those not on a top tier salary, we need to tackle the tax problem by limiting negative gearing and scrapping the capital gains tax discount.

"The tax changes proposed by the Greens, would allow 850,000 people to live in a home they own and bring many of the 31% of households who rent into home ownership.”

Rent Assistance

“People struggling with high rents who are relying on Commonwealth Rent Assistance should be given immediate relief through an increased rate.

"This government must raise income support levels above the poverty line and work with the states and territories to control unlimited rent increases and make lasting improvements to renters rights. Nobody deserves to teeter on the knifepoint of housing instability.”

Billions spent. Only 7 houses built.
The ALP is scamming Australia.

Carl D wrote on Jul 16^th, 2025 at 1:44pm:



Argentina's recent repeal of rent control by libertarian President Javier Milei has led to a surge in housing supply, with the freedom to negotiate contracts, previously restricted, directly causing a drop in rental prices.

whiteknight wrote on Jul 16^th, 2025 at 2:05pm:


Any talk of rent freezes and rent caps gets the greedy landlords, real estate agents and politicians frothing at the mouth, unfortunately.

Especially the pollies seeing as the majority of them are "playing the game" with their multiple investment properties and "property portfolios".

And it would be political suicide for any government to attempt to do anything about housing and rent costs anyway.

The biggest mistake this country has ever made was to turn housing into an investment and a way for greedy people to make lots of money at the expense of those less fortunate instead of housing being a place for everyone to have a safe, affordable roof over their heads.

Frank wrote on Jul 16^th, 2025 at 1:57pm:

And all because the Argies booted Leftism's gay suicide of just being media savvy, totally out. Under the Left, Argentina was a basket case. In the short space of time that the Right has stepped in, Argentina has prospered and even beaten the British Lions.

Now Leftism has run to take control here and the Argies are laughing at us.