Albanese Government Housing Bill is a Sham

What is Albanese’s solution to the housing crisis? He won’t slow down the 400,000 new immigrants arriving this year. He won’t stop foreign investors snapping up property. He won’t stop short term rentals.

Instead, they will invest a maximum of $2.5 billion over five years into a property market in Australia that is worth over $10 trillion dollars. A drop in a bucket is bigger than the 0.025% this bill represents.

If we want to fix housing in this country we have to cut red tape and stop the 400,000 arrivals this year pushing up rental and house prices, not just create another layer of bureaucracy.

Transcript: https://www.malcolmrobertsqld.com.au/albanese-government-housing-bill-is-a-sham/