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Opposition leader Peter Dutton has promised to take moderate action to curb housing demand in a bid to make homes more affordable for Australians.
Dutton has already pledged to reduce the permanent migrant intake by 25% to 140,000 for the Coalition’s first two years.
Peter Dutton has also promised a two-year ban on foreign investors and temporary residents purchasing existing homes in Australia.
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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.