National Cabinet will ignore calls for market intervention and focus on ways to remove bureaucratic hurdles to new housing supply.
National cabinet will ignore calls for market intervention and focus on ways to remove bureaucratic hurdles to new housing supply, in an approach not dissimilar to that of the housing accord the Rudd government struck with the states 15 years ago.or freezes, as being demanded by the Australian Greens, Prime Minister Anthony Albanese confirmed supply measures would be the focus of the meeting to be held in Brisbane on Wednesday.
“I do not want to be the Sports Minister that jinxes the Matildas. Let’s just wait and see how we go.”Advertisement In 2008, the Rudd government, facing a similar housing supply and affordability crisis, announced a raft of measures in consultation with the states. The Greens are refusing to pass the scheme until Mr Albanese forces states to cap or freeze rents, something Mr Albanese cannot do and something Reserve Bank of Australia governor Philip Lowe said on Friday would only make the situation worse.Treasurer Jim Chalmers called on the Greens to “end the ambit claims and the political games in the Senate”.
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