Leaders’ debate live: Albanese targets cost of nuclear as Dutton sidesteps questions on public service cuts

Prime minister and Coalition leader face off in showdown hosted by ABC. Follow live updatesPolls tracker; election guide; full federal election coverageAnywhere but Canberra; interactive electorates guideGet our afternoon election email, free app or daily news podcastAlbanese says Labor didn’t commission modelling on negative gearingAnthony Albanese said Peter Dutton’s suggestion that the housing crisis is something that developed in the last two years is “nonsense”.Everyone watching this program knows that this has been developing for a long period of time. We have not had enough homes been built. The former government did not bother to have a housing minister for half the time they were in office. What we’ve done since we came to office, is look towards the big issue which is supply.The experts say that what that potentially [would] do is is diminish supply, not increase it. That’s why the key to fixing the housing issues is supply.It certainly wasn’t commissioned by us to do so.We need to do both. We need to particularly give young people a fair crack … The key is supply. That’s why only Labor is offering a plan at this election to increase supply of housing.That is on the supply side a very significant benefit. The second part is we reduce migration by 25%, so that we can allow the housing stock to be built up again and by doing that – as well as stopping foreigners for two years from purchasing Australian homes – we give young Australians a go. Continue reading...

Leaders’ debate live: Albanese targets cost of nuclear as Dutton sidesteps questions on public service cuts

Prime minister and Coalition leader face off in showdown hosted by ABC. Follow live updates

Albanese says Labor didn’t commission modelling on negative gearing

Anthony Albanese said Peter Dutton’s suggestion that the housing crisis is something that developed in the last two years is “nonsense”.

Everyone watching this program knows that this has been developing for a long period of time. We have not had enough homes been built. The former government did not bother to have a housing minister for half the time they were in office. What we’ve done since we came to office, is look towards the big issue which is supply.

The experts say that what that potentially [would] do is is diminish supply, not increase it. That’s why the key to fixing the housing issues is supply.

It certainly wasn’t commissioned by us to do so.

We need to do both. We need to particularly give young people a fair crack … The key is supply. That’s why only Labor is offering a plan at this election to increase supply of housing.

That is on the supply side a very significant benefit. The second part is we reduce migration by 25%, so that we can allow the housing stock to be built up again and by doing that – as well as stopping foreigners for two years from purchasing Australian homes – we give young Australians a go. Continue reading...