Coalition, Labor lock horns in faux housing affordability war
Advertisement
Prime Minister Scott Morrison has attacked Labor’s proposed shared equity scheme for home buyers, which would see the federal government take a 30% to 40% share in their property.
Morrison claims Labor “wants the government to own your home”. However, he has previously supported similar schemes operated by state governments and the private sector:
Morrison said on Monday that the policy would see the government “effectively becoming an owner of your home”…
The full text of this article is available to MacroBusiness subscribers
Cancel at any time through our billing provider, Stripe
About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.