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

$1 for your first month, then:
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.