Shadow Minister for Housing, Senator Marise Payne, has called on the Gillard Labor Government to expedite a key report detailing the size of the housing shortage in Australia as building approvals continue to lag behind demand.
The surge in mortgage delinquencies for the March quarter is more evidence home borrowers are struggling as a result of Labor’s debt-financed spending binge, said Shadow Minister for Housing, Senator Marise Payne.
“This week’s Gillard/Swan Budget has totally ignored the Parramatta-Epping Rail Link and the people of Parramatta,” Senator Marise Payne said today.
Australia, continuing the pain for struggling homeowners and renters, said Shadow Minister for Housing, Senator Marise Payne.
Housing affordability continues to suffer under Labor with mortgage stress rising from 15 per cent of home borrowers in September 2010 to 21 per cent in 2011, according to a report from mortgage insurer Genworth Financial Services, said Senator Marise Payne, Shadow Minister for Housing.