As Australia heads toward a tight 3 May election, housing dominates the debate, with both major parties unveiling bold plans to help first-time buyers amid a growing affordability crisis and rising living costs.
With Australia heading towards a tightly contested federal election on 3 May, both major political parties have made housing a central issue in their campaigns. Prime Minister Anthony Albanese’s centre-left Labor Party has promised a sweeping housing package, pledging to build 1.2 million homes by 2030 and help first-time buyers with government-backed loans requiring only a 5% deposit. Labor also announced a A$10 billion fund to construct 100,000 new homes, aiming to address the growing housing affordability crisis.
Launching the campaign in Perth, Albanese said, “Home ownership should not be a privilege to inherit if you're lucky”.
Meanwhile, opposition leader Peter Dutton of the Liberal-National coalition unveiled a competing housing strategy at the Sydney launch of their campaign. His plan offers tax relief and allows first-time buyers to deduct mortgage payments from their income tax.
Promising to “restore the dream of home ownership”, Dutton drew on his varied background in policing, business, and government service to appeal to voters.
With both leaders locked in a neck-and-neck race, housing affordability remains a pivotal issue for Australians amid rising living costs and interest rates.
Anthony Albanese has secured a second consecutive three-year term as Australia’s prime minister, becoming the first leader to do so in 21 years, in a victory hailed as historic for the center-left Labor Party.
Voting has concluded in Australia’s eastern states, including Sydney and Melbourne, in a general election marked by economic concerns and foreign policy anxieties. With two hours of voting still remaining in Western Australia, early indications point to a close race.
Australians head to the polls in a closely watched national election, with cost-of-living and global instability shaping voter concerns.
Australians voiced a mix of optimism and apathy Friday as they geared up to vote in Saturday’s tight national election, with cost-of-living pressures, housing affordability and U.S. tariff tensions shaping the contest.
Torrential rain and gale-force winds lashing New Zealand’s east coast shut down flights at Wellington Airport and prompted a state of emergency in Canterbury’s Selwyn district, with residents urged to evacuate as rivers surged.
Azerbaijan showcased its green transition plan at the Copenhagen Ministerial, targeting 30% renewable energy by 2030. The country also secured a $300 billion climate finance pledge and helped finalize a key carbon market agreement, highlighting its growing role in global climate action.
European foreign ministers signed the Lviv Statement supporting a special tribunal and a U.S.-backed ceasefire, during a visit to Ukraine that included a memorial tribute to fallen soldiers.
White House economic adviser Kevin Hassett said on Friday that early signs ahead of this weekend’s U.S.-China trade talks in Switzerland appear positive, with both sides showing mutual respect and a constructive tone.
A new U.S.-supported initiative to deliver humanitarian aid into Gaza is expected to start operating shortly, U.S. Ambassador to Israel Mike Huckabee said Friday, though specific details are yet to be made public.
U.S. President Donald Trump signaled support for steep tariffs on Chinese imports, calling 80% levies “right” ahead of high-level trade talks in Geneva aimed at easing escalating tensions between Washington and Beijing.
India has fired a series of missiles into Pakistani-controlled territory, in what it has described as “Operation Sindoor”
For the first time in history, an American has been chosen to lead the Catholic Church, as Cardinal Robert Prevost is named pope.
Discover every major VE Day 80 event in Britain, 5‑8 May 2025—from London’s parade and fly‑past to street parties, concerts and museum exhibitions.
Chinese e-commerce platform Temu has announced it will no longer sell goods directly from China to U.S. customers, shifting instead to U.S.-based sellers amid the closure of a long-criticized customs loophole.
Cardinals from 70 nations have gathered in Vatican City to begin the historic conclave to elect the next pope, following the death of Pope Francis 17 days ago. This conclave is the most geographically diverse in Church history, showcasing Francis’ legacy of inclusivity.
Ukrainian President Volodymyr Zelenskyy announced that leaders of the "coalition of the willing" will meet in Kyiv on Saturday, as Europe weighs its long-term security role in Ukraine's future.
European foreign ministers signed the Lviv Statement supporting a special tribunal and a U.S.-backed ceasefire, during a visit to Ukraine that included a memorial tribute to fallen soldiers.
White House economic adviser Kevin Hassett said on Friday that early signs ahead of this weekend’s U.S.-China trade talks in Switzerland appear positive, with both sides showing mutual respect and a constructive tone.
A new U.S.-supported initiative to deliver humanitarian aid into Gaza is expected to start operating shortly, U.S. Ambassador to Israel Mike Huckabee said Friday, though specific details are yet to be made public.
U.S. President Donald Trump signaled support for steep tariffs on Chinese imports, calling 80% levies “right” ahead of high-level trade talks in Geneva aimed at easing escalating tensions between Washington and Beijing.
Azerbaijan showcased its green transition plan at the Copenhagen Ministerial, targeting 30% renewable energy by 2030. The country also secured a $300 billion climate finance pledge and helped finalize a key carbon market agreement, highlighting its growing role in global climate action.
European foreign ministers signed the Lviv Statement supporting a special tribunal and a U.S.-backed ceasefire, during a visit to Ukraine that included a memorial tribute to fallen soldiers.
White House economic adviser Kevin Hassett said on Friday that early signs ahead of this weekend’s U.S.-China trade talks in Switzerland appear positive, with both sides showing mutual respect and a constructive tone.
A new U.S.-supported initiative to deliver humanitarian aid into Gaza is expected to start operating shortly, U.S. Ambassador to Israel Mike Huckabee said Friday, though specific details are yet to be made public.
U.S. President Donald Trump signaled support for steep tariffs on Chinese imports, calling 80% levies “right” ahead of high-level trade talks in Geneva aimed at easing escalating tensions between Washington and Beijing.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment