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The Latest Breaking News from Brendan Coates

Government minister admits first home buyer policy would push up house prices, PM says other policies would balance it out

Jane Hume concedes the policy would see house prices increase "temporarily", something economists and the opposition are warning will happen.

ABC News

Paul Keating attacks Coalition’s super for housing policy as economists warn of soaring prices

A Coalition plan to allow first-home buyers to use their superannuation to buy property has been slammed by Paul Keating as a "frontal assault" on super.

The New Daily

What the median rental price can actually get you in Australia’s capital cities — and how it compares to other countries

The median rental price for a house across Australia's capital cities hit a new record high in the first three months of this year. But it's not just Australian's bearing the brunt of soaring rental costs.

ABC News

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'This is not a death tax': Coalition claims on Labor housing scheme fall flat with experts

Aspects of Labor's newly unveiled affordable housing scheme have been likened to a "death tax", but tax specialists have shot down those suggestions.

ABC News

What are the differences between the major parties’ homebuying policies this election?

Coalition spruiks exisiting Home Guarantee scheme, while Labor promotes ‘shared equity’ program

The Guardian - AU

Buyers warned about rushing into government’s First Home Guarantee scheme

Predicted rate rises and falls in property values pose risks to those considering loans with a 5% deposit, experts say

The Guardian - AU

Australian prime minister bets on strong economy for reelection as inflation concerns grow

SYDNEY — Prime Minister Scott Morrison has put economic stewardship at the center of his bid for a come-from-behind win in Australia’s May 21 ballot.

Tribune News Service

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Concern $250 budget payment won't be enough to properly address cost-of-living pressures for low-income Australians

This week's budget included a new one-off payment to help with the rising cost of living. Australians on low incomes feel it won't help them in the long term.

ABC News

Government bungles budget day two under tough inquisition

Among the specifics were searching inquiries on a philosophical level rarely seen when it comes to public discussion of government financial statements.

The New Daily

‘Really worried’: Expansion of government home loan guarantee concerns experts

A government decision to extend policies to help first-home buyers break into the housing market has been criticised for making housing less affordable.

The New Daily

Will the first home buyer deposit scheme drive up house prices? What if you cannot find an affordable home?

Both the government and Labor agree that expanding the first home loan deposit scheme is one way to help people buy their own home, but some experts are worried it might address a symptom, not the cause, of soaring house prices.

ABC News

‘Crucial moment’: Next prime minister must go big on reform, Grattan Institute says

The Grattan Institute has warned Australians face a further decline in living standards and inaction on climate change unless there are massive reforms.

The New Daily

The bank of taxpayers? Fresh idea to fix Australia’s housing affordability crisis

Australians priced out of the housing market face poverty in retirement unless the federal government takes urgent action to improve home ownership rates.

The New Daily

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