Prime Minister's Housing Plan Under Fire

The Prime Minister’s housing affordability plan is under fire as median prices in his own Marrickville electorate soar to $2.2 million — sparking tough questions about whether young buyers can afford to enter the market. While he points to a recent auction win as proof his tax reforms are working, critics highlight the steep climb in prices and his evasiveness on affordability. The reforms, targeting negative gearing and capital gains tax to steer investors toward new builds, have faced pushback — prompting government tweaks to support small businesses and affordable housing. Amid political heat and opposition scrutiny, the Prime Minister’s vision to cool the market and help first-timers remains a high-stakes gamble. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/ab6c93d1f8a95c34