Today’s ABS December quarter inflation figures show that Labor’s excessive spending continues to put pressure on the cost of living for renters and homeowners, with rents and utility costs rising well above the general rate of inflation in 2010.
Labor’s failure to provide adequate land for development and affordable rental housing is causing more pain for prospective homebuyers and renters, said Shadow Minister for Housing, Senator Marise Payne.
The Rudd-Gillard Government’s extension of the Community Development Employment Project (CDEP) is yet another example of the indecision and inertia that has plagued the government’s approach to Indigenous affairs, said Senator Marise Payne, Shadow Minister for Indigenous Development and Employment and Senator Nigel Scullion, Shadow Minister for Indigenous Affairs.
Housing affordability has taken another dive on Labor’s watch with industry figures showing the largest annual decrease in affordability in a decade, said Shadow Minister for Housing, Senator Marise Payne.
The Rudd-Gillard Government’s reckless spending has put more pressure on home borrowers, with the gap between the Reserve Bank cash rate and the standard variable mortgage rate increasing even further, said Shadow Minister for Housing, Senator Marise Payne.