Yes, much of the problem is out of everyone’s hands. Even so, there’s a paucity of policy in the latest budget to help get Australians into the market.
The paucity of new policy in Jim Chalmers’ fourth budget raises the question whether the Albanese government has given up the fight on the so-called housing crisis.
Worse, in a budget with weak new initiatives on housing, one proposal – “cracking down on foreign land banking” – would actually reduce the timing, and quantity, of new home building.
