Cameron Caldwell (Fadden, Liberal National Party) Share this | Hansard source

My question is to the Minister for Housing. The Insurance Council of Australia have warned that Labor's reckless expansion of its Help to Buy Scheme will drive up house prices by 6.6 per cent next year, and for years afterwards. They have said:

… if one asks who is most likely to be priced out of the market … it is lower-income first home buyers …

That means a young couple buying a home worth $800,000 today could be forced to pay more than $52,000 extra. Why is it that when Labor fails Australians pay the price?

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