Senate debates

Tuesday, 4 November 2025

Questions without Notice

Housing

2:55 pm

Photo of Barbara PocockBarbara Pocock (SA, Australian Greens) Share this | Hansard source

Labor's five per cent deposit scheme is driving up house prices, especially for entry-level, lower- and medium-priced houses. They are on steroids. They are going through the roof, making the dream of owning a home a fantasy for many while the banks and wealthy property investors are cashing in. Banks are on track to rake in more than $30 billion in profits in this current financial year. Minister, can you see why so many Australians think Labor is failing us?

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