Mary Doyle (Aston, Australian Labor Party) Share this | Hansard source

Right now, in my electorate of Aston and across the country, first home buyers are being locked out of the housing market by property investors that benefit from a tax system that no longer serves the needs of a new generation of Australians. This is why the Albanese Labor government is taking responsible action to change that. Labor is delivering sensible reforms to negative gearing and capital gains tax concessions to level the playing field for first home buyers and to restore fairness to our housing market.

The reality is this: too many young Australians have given up on the dream of home ownership. They've worked hard and saved carefully, only to watch the dream of owning their own home slip further away year after year. That is not the kind of place we want Australia to be. Our reforms are about fairness, opportunity and the future of this country. Young Australians deserve a fair chance to buy a home of their own, not to have to struggle with a system that's pitted against them. Yet instead of showing leadership, the opposition leader has once again chosen to burrow further down the One Nation rabbit hole, blaming migrants and punching down on vulnerable communities rather than addressing the real causes of Australia's housing challenges. My message to the opposition leader is simple. If he genuinely supports young Australians achieving homeownership, then he should back these reforms instead of cynically and shamefully exploiting division for his own political gain.

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