House debates

Monday, 25 May 2026

Questions without Notice

Budget

2:00 pm

Photo of Anthony AlbaneseAnthony Albanese (Grayndler, Australian Labor Party, Prime Minister) Share this | Hansard source

They are some of the 250,000 first home buyers who have done exactly the same and got into their first home. A few days later, I was at the Housing Australia Future Fund, the HAFF, site in Melbourne, in Rosanna, which I visited last year with the member for Jagajaga when it was a building site. This year, it is a site with 45 homes with people moving into them, right where the railway station is and right where the shops are there at Rosanna.

In Hobart with Premier Rockliff, we spoke about the more than 1,000 homes that will be built on the Defence land site on the edge of the Derwent. In central Perth, we saw the 219 apartments over 29 floors which are about to be fitted out, including 110 social and affordable homes. At Prospect Corner, I met Harry and Erin, who just four weeks ago moved into their own apartment built by the HAFF. That day, Erin summed it up simply and powerfully: 'It's really life changing.' We met another young woman as well who'd been a beneficiary of the Help to Buy scheme and had got into her own first home as a result.

Over our four years, we've thrown everything at housing supply, and it is making a difference, but there is more to do. That's why we're reforming negative gearing and capital gains and opening aspiration to a generation who are being locked out. Our changes are pro aspiration and they are pro supply. Perhaps he might like to speak to the next leader of the Liberal Party, who said:

I feel the anger regularly from young Australians who feel locked out of the housing market—red-hot anger, frustration—and also a sense of despair that they can't get a stake in the country, that they can't afford a home, and again we've got to listen to what they say …

It's good advice from the member for Canning. You might like to watch him. He's just behind you. (Time expired)

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