Dear lordy they created this problem now they want to XXXX it more!
https://www.macrobusiness.com.au/2025/02/theres-no-end-to-australias-housing-insanity/"Australian Treasurer Jim Chalmers has already announced that he has instructed Australia’s financial regulators to relax home lending regulations for millions of Australians with home loans."
"The Opposition has also committed to allowing first-home buyers to use their superannuation savings as a housing deposit and relaxing responsible lending rules, should the Coalition win the upcoming federal election."
"Property Council of Australia (PCA) on Monday released its federal election platform, which calls for a cap on interest rates for first-home buyers as part of a scheme for them that would also limit deposits to 5% for new homes or apartments..."
"The PCA wants taxpayers to subsidise the interest rate on home loans."
