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The shadow assistant treasurer has said that the ALP is “deeply concerned” with the rising cost of housing, noting that home ownership may be out of reach for some Australians.
The retail and commercial head at the major bank has criticised “silly pricing” in the home loan market resulting from intense competition.
Economy, climate change trump housing affordability for industry votes
The economy, small-business interests and climate change have ranked higher in importance than housing affordability for mortgage industry workers heading to the federal election.
The state will introduce a new Social and Affordable Housing Contribution on certain developments from July 2024, it has been announced.