There are three important economic goals that Australians aspire to. To have a job to support and care for your family, to be independent in your retirement and to own your own home.
As a Government we share and want to facilitate Australians being able to realise these aspirations.
But while the majority of Australians live in a home that is either owned or being purchased by their household, for each new generation this aspiration is proving more and more difficult to realise. That is why housing affordability will be an important policy focus of the Turnbull Government in this parliamentary term. And it is important we get it right.