Clare O’Neil says she will not downplay the sharpest downturn in the housing market in 30 years, which is making residential property more affordable while lowering the value of the most important asset for many Australian households.The housing minister made this promise towards the start of her keynote address on the second day of The Australian Financial Review Property Summit.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Labor government owns property crash – and downstream supply risks too
The key long-term question is what impact the tax changes from budget night have on the economics of the housing market.






