PM slams Albanese on Labor’s housing policy
Prime Minister Scott Morrison has criticised Anthony Albanese's housing policy stating it "doesn't add up".
Mr Morrison, joined by Member for Flynn Ken O'Dowd, stopped in Gladstone on Sunday at Xtreme Engineering to talk the latest on the Federal Budget.
Mr Morrison said Opposition Leader Anthony Albanese's labor housing policy "did not add up", after Mr Albanese spoke to media in Rockhampton on Saturday.
Mr Albanese said renters in Rockhampton were under "enormous pressure" given the region's low vacancy rate.
Mr Morrison said Albanese "couldn't add up" and his housing figures were wrong.
"In his plan, it cost four times as much to deliver two thirds less housing," Mr Morrison said.
"Our plan, the Homebuilder plan, $2.7 billion is being invested into more than 100,000 homes.
"And then you add to that the National Housing Finance and Investment Corporation that is supporting 2700 homes.
"Another 4400 homes through the National Housing Infrastructure Fund which is an initiative of our government so we're getting on with that job and that's getting on in the last three years."
Mr Morrison said while it was important Australians got into homes, he reiterated the Federal Government had the highest rate of first home ownership.
"His policy just doesn't add up," he said.
"We have the highest rate of first home ownership, we've seen years and years of the first home loan deposit, first home loan super saver account, the homebuilder program.
"We've been taking action for many years and we're getting people into their first homes in a rate that we haven't seen in a long time."