It is harder to buy a home than ever before and today’s overhyped announcement by the Morrison Government does little to help.
This is not the Mother’s Day present the Government has touted it to be.
There are about one million single parent families in Australia.
After their press conference today, the Government revealed that its Family Home Guarantee will only help 2,500 single parents a year.
That is about one in 400 single parent families.
Minimum help. Maximum hype.
It also does absolutely nothing to help older mothers and women and children escaping domestic violence.
The Government has had eight years to fix the problems of housing affordability – and it’s just got worse.
Changes to the First Home Loan Deposit Scheme also don’t go far enough.
For almost a year, Labor has called on the Morrison Government to scrap the cap on the number of people who can apply for the First Home Loan Deposit Scheme to build a new home.
This would help increase housing supply and help first homeowners who want to build a new home, but the Government has once again ignored our calls and added just 10,000 more places for one year only.
It’s harder to buy than ever before, it’s harder to rent than ever before and there are more homeless Aussies than ever before.
And this over-hyped announcement doesn’t do anywhere near enough to help.
SATURDAY 8 MAY 2021