Matt Smith (Leichhardt, Australian Labor Party) Share this | Hansard source

It is a simple dream and one that ought to be attainable—the sold sign at the front of a house, close to work and schools, a happy family pictured out the front. Though quickly, this was becoming a thing of the past. Locked out of the market, young people were increasingly despondent about the opportunity to own their own piece of Australia. Something had to change. So this Albanese Labor government has made that change. Only a party truly out of touch, truly not talking to community, truly comfortable with the status quo, would oppose giving young Australians the opportunity to own their own home, to start a family, to buy a dog and live their best lives.

My parents built the home they still live in when I was a toddler. They paid it all off before I finished high school. That's what I want for my daughters—to get into their own home, to not pay off someone else's mortgage but to be paying off theirs. That's what I want for every single Australian. That is what this government is going to deliver: more housing supply, more opportunity.

If you want a negatively gear going forward, fantastic. Build a new home, get a family living in there and you'll be investing in your future. You'll be investing in your tenant's future, and you'll be investing, most importantly, in the future of Australia. Every day I get constituents telling us that, yes, now they have hope. Now they see the light. Now they believe that they're going to live in their own home with their dog, with their children, with the stickers that their kid put up there when they were two, and they'll live there the rest of their lives.

See this speech in context