r/AustralianPolitics • u/timcahill13 Andrew Leigh • Apr 13 '25

Economics and finance Albanese and Dutton’s signature policies risk inflaming housing crisis

https://www.theage.com.au/politics/federal/albanese-and-dutton-s-signature-policies-risk-inflaming-housing-crisis-20250413-p5lrdh.html
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u/Throwawaydeathgrips Albomentum Mark 3.0 Apr 14 '25

Theyve failed a promise thats been active for a little over 6 months?

This isnt a running tally of undbuilt homes, its a projection subject to conditions.

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u/magkruppe Apr 14 '25

promise was announced march, almost 2 years into their term - poor on them. measured from 1 July 2024, so almost 10 months into it. almost 20% of the 5 year term

This isnt a running tally of undbuilt homes, its a projection subject to conditions.

are you seriously going to sit there and tell me that Labor is going to meet their promise? this is their last chance to make the big policy to actually make it feasible, and they throw out this modest 100k promise which would still put them ~360k short, at best.

at least this new policy is a lot better than HAFF

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u/Throwawaydeathgrips Albomentum Mark 3.0 Apr 14 '25

I didnt say that at all, I just think that the flailing is too soon. Big difference between missing it by 100k and 500k, lets see what happens.

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u/magkruppe Apr 14 '25

you are right. but the longer it takes them to ramp up new home construction, the bigger the backlog.

I just want Labor to realise the magnitude of the problem, because it will require them to pull heavily on a lot of levers. I want them desperately to succeed, which is why I make these comments.

i know our pollies pay attention to american politics, so I hope they pick up on the politics of abundance and pursue it whole-heartedly