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Andrew Bragg

Tweak lending rules to tilt the scales for first home buyers

Reforms to prudential regulation will be a solution for many Millennials and Generation Zs missing out on the Australian dream.

Far too many Millennials and Gen Zs are going to miss out on home ownership. The nation has to find practical ways to tilt the scales in favour of prospective first home owners.

Demand-side measures must be complemented by a serious supply policy, such as the $5 billion last-mile infrastructure fund the Coalition announced earlier this year.

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Andrew Bragg is a Liberal senator for NSW, and Coalition spokesperson on home ownership

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    Original URL: https://www.afr.com/companies/financial-services/tweak-lending-rules-to-tilt-the-scales-for-first-home-buyers-20241127-p5ktti