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Rachel Ong ViforJ, John Curtin Distinguished Professor, Curtin University

The government wants to increase home ownership. But life is tough for many new homeowners

Amin Hasani/Unsplash

On Tuesday, the Albanese government struck a deal with the Greens to allow sweeping changes to negative gearing and the capital gains tax discount to pass parliament.

The government has consistently asserted it is sharply focused on helping more Australians into home ownership. Key actions have included expanding the 5% deposit scheme and other government assistance programs, and overhauling housing tax concessions in this year’s budget.

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