Penny Wong (SA, Australian Labor Party, Minister for Foreign Affairs) | Hansard source

Labor wants more Australians to own their own home. We want more Australians to be able to own their own home. And that's why we've already helped more than 260,000 Australians into a home of their own through the five per cent home deposit scheme. That's why we're investing $47 billion into our Homes for Australia plan. And that's why we have delivered the first tranche of our ambitious tax reform agenda, which will support 75,000 more homeowners to get into the market at the same time as encouraging investment into new housing supply.

This is about levelling the playing field, and already I know many in this place have heard stories of young families finally finding success at auction. The difference, of course, is this: the three right-wing parties have teamed up against first home buyers. We are working for first home buyers, delivering real change.