Peter Dutton has vowed to slash international student numbers, allow early access to superannuation for first home buyers and ban foreign investment to “restore the dream of home ownership” for young Australians.
Campaigning in the Melbourne seat of McEwen this morning, the Opposition leader also pledged $5 billion to build 500 thousand homes to ease the nation’s housing crisis.
“The dream of home ownership has been lost by young Australians,” Dutton told reporters.
The government would also ban foreign buyers and introduce early superannuation access of up to $50,000 for a house deposit.
Dutton said guaranteeing early access to superannuation would help first home buyers enter the property market.
“That is going to improve their net position as the price of the house increases over the course of their life,” he said.
“When they dispose of the house, we want to put the money back into their superannuation so that that can compound and help them in retirement.”
Dutton said the Coalition would also seek to deregister the CFMEU, claiming that the union had “doubled the cost of construction”.
“We are going to be the government of home ownership,” he said.
“I want to be the prime minister that restores the dream of home ownership, that has first and foremost in my mind, how can we help young Australians with affordability and accessibility to housing.”
