Latest Finance News

Political parties make their pitches to property strugglers

With negative gearing off the table, both major parties have drawn their own battle lines in the quest to win over voters swayed by housing affordability woes.

Parliament House in Canberra, with flag pole in background and sweeping hillside green lawn in foreground.
First-home buyers are front and centre in the race for votes in the Federal election. (Image source: Shutterstock.com)

With negative gearing off the table, both major parties have drawn their own battle lines in the quest to win over voters likely to be swayed by housing affordability woes.

Ahead of the 2022‑23 budget being delivered on Tuesday (29 March), the Morrison Government’s pitch to the electorate is a commitment to more than double the scope of the Home Guarantee Scheme.

From 1 July, the number of spots available under the guarantee will be increased t…

Lastest News