Kate Chaney (Curtin, Independent) Share this | Link to this | Hansard source

My question is for the Prime Minister. The average house price has gone from four to nine times the average income in the last 25 years, locking younger Australians out of a home. If this government is trying to address the housing affordability crisis, are your policies aiming to increase, plateau or reduce house prices?

Anthony Albanese (Grayndler, Australian Labor Party, Prime Minister) Share this | Link to this | Hansard source

What we are doing is increasing supply. What we want to do is to provide more social and public housing, and that's what we're doing through the Housing Australia Future Fund and that's what doing through Housing Australia. In addition to that, we're trying to provide more private rentals, and we're doing that through our build-to-rent incentive as well. It was blocked in the Senate by the 'no-alition'. That was stopped when the coalition and the Greens combined to be the 'no-alition.

Hon. Members:

Honourable members interjecting—

Milton Dick (Speaker) Share this | Link to this | Hansard source

Order! We've dealt with this matter before. The Prime Minister was referring to the 'no-alition' as a collective group, rather than the coalition. If he'd referred to the coalition as the 'no-alition', I would, as I have done before, ruled it out. It's going to assist the House if that term is not used.

I said it would assist the House if it could not be used—

Alex Hawke (Mitchell, Liberal Party, Shadow Minister for Industry and Innovation) Share this | Link to this | Hansard source

Well let's see if it assists the House.

Milton Dick (Speaker) Share this | Link to this | Hansard source

Order! When the House comes to order, the Prime Minister will be heard in silence.

Anthony Albanese (Grayndler, Australian Labor Party, Prime Minister) Share this | Link to this | Hansard source

Mr Speaker, they've had a bad day. I understand that. I'll tell you, what would also assist houses—not just this House—is this government's policies being implemented. That's what we're doing, whether it be by increasing social housing, increasing private rentals, increasing home ownership through programs such as our shared equity scheme and our five per cent deposit—

Milton Dick (Speaker) Share this | Link to this | Hansard source

The Prime Minister will pause—the member for Curtin, I'm going to deal with it the way I did the member for Parkes. The Prime Minister has completed his answer, but he was being directly relevant. When you ask a broad question like that, he is addressing the topic of the question.