Labor officially launches campaign in Perth; Coalition promises to expand health card access for older Australians. Follow our live coverage.
Victoria’s official coronavirus numbers are also in.
“Most people don’t want to co-own a house with the government. They don’t want Anthony Albanese at the kitchen table co-owning their property,” he said.Sukkar argued that states and territories where similar co-ownership programs are operating have low takeup. “It’s an investment, you borrow money, you invest in helping people to buy a home, [and] when they sell the home the government gets the benefit of the capital gain. So does the owner of the house.
“Let me give you a real-life example of a person I’ve met. Angela on the [NSW] Central Coast. She works at a school canteen. Her husband is a carpenter. They’ve got three kids, [she] wants to buy a house worth about $900,000. The bank won’t lend her that much money, but she can get a loan for about $500,000 to $600,000.”Prime Minister Scott Morrison has shaken hands with former Labor PM Kevin Rudd at an event to mark Eid, a celebration ending the month of Ramadan, in Parramatta this morning.
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