Portfolio Media Releases
Biggest fall in new home loans in history
For three months Labor has been telling the Government that the housing construction industry is about to go off a cliff. The statistics released today by the Australian Bureau of Statistics emphatically show that warning was correct. New home loan commitments fell a... read more...
HomeBlunder: One Month On and Only One State Can Apply
It’s been one month since the HomeBuilder Scheme was announced by the Morrison Government and Australians in only one state or territory can apply for the $25,000 grant. The Morrison Government failed to consult with states and territories before the HomeBuilder Scheme was... read more...
HomeBuilder: One month on and still no applications
One month after the HomeBuilder Scheme was announced by the Morrison Government, and there is still no system in place for a single Australian to make an application to receive the grant. Households are expected to make large financial commitments ahead of the looming 31... read more...
Bushfire victims will be excluded from help to rebuild
At least 750 families in Eden-Monaro had their homes burnt down over summer. Now, to add insult to injury, it looks like a lot of these families could miss out on a $25,000 grant to rebuild their homes that the Government is providing to other families. People of... read more...
Morrison fails to expand First Home Loan Deposit Scheme
The Morrison Government has once again ignored Labor’s calls to expand the First Home Loan Deposit Scheme to help first home buyers build their first home and save the jobs of thousands of tradies. The next round of the scheme opens today with 10,000 places for twelve... read more...
Housing approvals in freefall, apartment approvals down 34.9% and HomeBlunder won't fix it
Australian Bureau of Statistics figures released today show residential building approvals in freefall. Approvals for the building of units has collapsed - falling 34.9 per cent in May. This means a big reduction in the construction of new apartments, and according to... read more...
Social Housing key to recovery: Grattan will the Government act now?
For more than two months, Labor has called on the Morrison Government to fund the construction of more social housing and repair existing social housing to save the jobs of thousands of tradies in the housing construction industry. A new report out today backs this call... read more...
Morrison must expand First Home Loan Deposit Scheme
Labor has again called on the Morrison Government to expand the First Home Loan Deposit Scheme to help first home buyers build their first home and save the jobs of thousands of tradies. The scheme’s 10,000 places were fully subscribed in five months during the first... read more...
Rushed repairs don’t fix HomeBlunder
Just two weeks after the Morrison Government announced its HomeBlunder scheme, it has quietly tried to patch up some of the many holes in it. These rushed changes make it clear that the Government bungled this scheme from the start. Unfortunately these changes are not enough... read more...
Zero applications for HomeBlunder
Almost a week after the announcement of HomeBuilder the Government is yet to receive a single application for the scheme. Despite desperately promoting this poorly conceived and inadequate scheme, the Government has developed no capacity to receive applications. While... read more...
