![\"\"](\"https:\/\/static.timesnewsgroup.com.au\/prod\/uploads\/sites\/2\/2026\/06\/albo-clifton-springs-2.jpg\")
<\/p>\n
Despite criticism at the inquiry from business groups and the investment housing sector, Albanese said his government would not change its timeline.<\/p>\n
“We are very determined to give people the reform that is needed,” he said.<\/p>\n
“Our reform is aimed at boosting supply as well as giving young people a fair crack at getting into their first home.<\/p>\n
“It gives me a great deal of pride to know my government’s prepared to make difficult decisions but the right decisions in the national interest.”<\/p>\n
Coker said the 5 per cent deposit scheme was popular in growth areas in her electorate such as Armstrong Creek and Ocean Grove.<\/p>\n
“Not just here, though, but across Australia,” she said.<\/p>\n
Albanese said the scheme was the most successful part of Labor’s plan for housing.<\/p>\n
“Because we [the government] deal with mortgage insurance and reduce the cost therefore of borrowing and enable people to get into home ownership earlier, it’s made an enormous difference,” he said.<\/p>\n
Saccetta and Dennert said buying a home faster through the scheme allowed them to invest in their future, and recommended using a mortgage broker to simplify the house-buying process.<\/p>\n","protected":false},"excerpt":{"rendered":"
Labor says it remains committed to its major reforms of housing taxation despite calls for certain measures to be sped up, slowed down or abandoned entirely. Speaking in the backyard of a Clifton Springs home today, prime minister Anthony Albanese said the changes were part of his government’s overall plan for housing, including the 5 […]<\/p>\n