If home affordability was the central aim of Labor’s budget changes, then property prices have to fall. But the government can’t quite get the words out.

Instead of relying on tax-enhanced speculation, investors must now look at established properties based on actual profitability – leaving space for first home buyers

Instead of relying on tax-enhanced speculation, investors must now look at established properties based on actual profitability – leaving space for first home buyers

As Jim Chalmers fights back against claims Labor’s housing budget would not get more homes built, RBA documents reveal just what the Reserve Bank thought about Labor’s agenda.

One top economist argued that lower house prices were a good thing, and that Labor would be wise to resist calls to protect asset prices and reverse course.

If home affordability was the central aim of Labor’s budget changes, then property prices have to fall. But the government can’t quite get the words out.

Josephine Tovey speaks with Gabrielle Jackson, Patrick Keneally and Jonathan Barrett about why Labor is damned if they do, and damned if they don’t, when it comes to the…