Australian P.M. Albanese Promotes Housing Reforms and Supply Measures in Perth Interview
May 13, 2026
May 13, 2026
WASHINGTON, May 13 -- During an unannounced radio interview with Nova Perth, Australian Prime Minister Anthony Albanese outlined a housing strategy designed to help 75,000 young Australians enter the property market. Albanese stated that the government has made the tough decision to restrict negative gearing to new builds while grandfathering existing investment arrangements to protect current owners.
He defended the move as a necessary step to level the playing field for first-tim . . .
He defended the move as a necessary step to level the playing field for first-tim . . .