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Politics
Michelle Grattan, Professorial Fellow, University of Canberra

Election Diary: Liberal and Labor launches focus on housing, but who thinks either side can fix that crisis any time soon?

If anyone had any doubts before, Sunday’s Liberal and Labor launches highlighted that this election is an auction for votes, in particular those of the under 40s and people in the outer suburbs.

Amid the usual launch hoopla – the Liberals choosing western Sydney and Labor returning to Perth – both parties announced major fresh housing initiatives. They were making a deep bow to what’s a central issue for younger Australians who still aspire to the so-called “Australian dream” but can’t see themselves affording it.

Significantly, Peter Dutton also produced a tax handout – a tax offset of up to $1,200 targeted to lower and middle income earners. This was despite his signalling earlier in the campaign he wouldn’t be able to afford to do so. On tax, Anthony Albanese promised people would be able to claim a $1,000 automatic tax deduction for work expenses (at a cost of $2.4 billion over the forward estimates).

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