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Politics


Turning to Senators David Pocock and Jacqui Lambie, who have been talking about Australia's housing crisis and are pushing for reforms to negative gearing and capital gains tax as a solution.

The couple were earlier on ABC Radio National and said they wanted to see more reforms to help people struggling in a tough housing market.

“We're seeing a decline in home ownership, a report out today says rental affordability has never been worse,” Pocock said.

“All options should be on the table,” he said.

Senator David Pocock.Credit: Alex Ellinghausen

Pocock was referring to Anglicare Australia's rental affordability report, which reviewed more than 45,000 listings and declared it to be the worst market for tenants he has ever seen.

The ACT senator said neither Labor nor the Coalition wanted to talk about tax reform, but said it was necessary to try to address the issue of housing affordability.

Lambie said housing supply was one of the biggest issues facing Australia.

“Once we run out of supply, the cost of housing will continue to rise,” he said.

“That's our number one factor, we have to do something about the supply.”

But he said the federal government had to act now because it could not wait 20 years to act.



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