House debates Questions without Notice

Budget: Housing

Thursday, 25 June 2026 House of Representatives

Tim Wilson

Tim Wilson Goldstein, Liberal Party, Shadow Treasurer

2:25 pm

My question is to the Minister for Housing. Yesterday, the Minister for Housing revealed Labor's budget of broken promises and higher taxes will see the value of an Australian home collapse by up to 20 per cent. This could see negative equity loans rise to roughly one in 20 and leave homeowners owing more than their home is worth, smashing their nest egg. How many Australians will become poorer because of Labor's deliberate correction in house prices?

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