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The Guardian - AU

National

Katharine Murphy in Perth and Royce Kurmelovs

Coalition criticises Labor’s housing policy because government could profit from price rises

Labor Scott Morrison Coalition United States Anthony Albanese Simon Birmingham Inflation

Houses in Sydney — The Coalition has attacked Labor’s housing affordability policy saying the opposition wants to ‘make money off people buying their own home’. Photograph: Sam Mooy/AAP

The finance minister, Simon Birmingham, says Australians don’t want Anthony Albanese at the table with them sharing equity in their homes after Labor announced a policy to make home ownership more affordable for low- and middle-income earners.

Birmingham told the ABC on Sunday the Morrison government’s affordable housing initiative was the preferred model.

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