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Anthony Albanese promises ‘great Australian dream of homeownership’ under a Labor government


Opposition Leader Anthony Albanese has declared at the party’s official campaign launch in Perth that a Labor government will help people achieve the “great Australian dream of homeownership”.

“Today, I am proud to announce a new policy that will reward the hard work and support the aspirations of more Australians, a plan to help more working families realise the dream of owning their own home,” he said on Sunday.

“For too long Australians who have worked hard have been locked out of the housing market by flat wages and rising prices, unable to even get a foot in the door let alone a roof over their heads.

“A Labor government will create a new help to buy program, a national shared equity scheme, that will provide an equity contribution from the Commonwealth for 10,000 aspiring homeowners on low and middle incomes each and every year. 

“If you have saved two per cent of your deposit, we will contribute up to 40 per cent of the purchase price of a new home or 30 per cent of an existing home.

“Help to buy will assist Australian to buy a home with a smaller deposit, a smaller mortgage and smaller mortgage repayments.”

Opposition Leader Anthony Albanese has declared at the party’s official campaign launch in Perth that a Labor government will help people achieve the “great Australian dream of homeownership”.

“Today, I am proud to announce a new policy that will reward the hard work and support the aspirations of more Australians, a plan to help more working families realise the dream of owning their own home,” he said on Sunday.

“For too long Australians who have worked hard have been locked out of the housing market by flat wages and rising prices, unable to even get a foot in the door let alone a roof over their heads.

“A Labor government will create a new help to buy program, a national shared equity scheme, that will provide an equity contribution from the Commonwealth for 10,000 aspiring homeowners on low and middle incomes each and every year.

“If you have saved two per cent of your deposit, we will contribute up to 40 per cent of the purchase price of a new home or 30 per cent of an existing home.

“Help to buy will assist Australian to buy a home with a smaller deposit, a smaller mortgage and smaller mortgage repayments.”Opposition Leader Anthony Albanese has declared at the party’s official campaign launch in Perth that a Labor government will help people achieve the “great Australian dream of homeownership”.

“Today, I am proud to announce a new policy that will reward the hard work and support the aspirations of more Australians, a plan to help more working families realise the dream of owning their own home,” he said on Sunday.

“For too long Australians who have worked hard have been locked out of the housing market by flat wages and rising prices, unable to even get a foot in the door let alone a roof over their heads.

“A Labor government will create a new help to buy program, a national shared equity scheme, that will provide an equity contribution from the Commonwealth for 10,000 aspiring homeowners on low and middle incomes each and every year.

“If you have saved two per cent of your deposit, we will contribute up to 40 per cent of the purchase price of a new home or 30 per cent of an existing home.

“Help to buy will assist Australian to buy a home with a smaller deposit, a smaller mortgage and smaller mortgage repayments.”

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