With housing affordability front and centre this election, voters and buyers alike are watching closely. Whether you’re saving for your first home, considering your next move, or navigating rising rents, the policy decisions made in 2025 could shape your future.
We’ve pulled together a plain-English breakdown of what each major party is promising on housing. From shared equity schemes to migration caps, here’s how Labor, the Coalition, the Greens, Teal Independents, and others plan to tackle the housing crisis and what it means for you.
Labor: Building supply and boosting support
Labor’s strategy leans heavily on supply and equity, aiming to make homes more accessible by increasing what's available and helping more buyers get a foot in the door.
1.2 million new homes by 2029
Labor’s National Housing Accord outlines its target for the construction of 1.2 million new homes over a five-year period in partnership with state and territory governments. It’s a supply-first approach to help ease pressure across the market. Source: Treasury.gov.au
Housing Australia Future Fund
A $10 billion fund aims to deliver 30,000 new social and affordable homes in its first five years with 20,000 for social housing and 10,000 for essential workers. Source: Labor Party
Help to Buy Shared Equity Scheme
Buy a home with as little as a 2–5% deposit, with the government chipping in up to 40% of the property price for new builds (or 30% for existing homes). Eligibility includes singles earning up to $100K and couples up to $160K. Source: ABC News
Infrastructure and innovation boosts
$1.5 billion for infrastructure to fast-track housing developments
$54 million for modular housing innovation
Incentives to train more tradies and apprentices
Source: news.com.au
Expanded Home Guarantee Scheme
Eligible buyers can purchase with just a 5% deposit and no LMI, including single parents and regional buyers. Source: Australian Labor Party
Build-to-Rent tax incentives
Tax perks for developers building long-term rental housing, to expand quality rental stock and affordability. Source: treasury.gov.au
Two-year ban on foreign buyers
Labor maintains a temporary ban on foreign buyers purchasing existing homes to prioritise domestic demand. Source: news.com.au
Liberal/National Coalition: Deregulation, deposits, and development
The Coalition’s housing plan puts the focus on deregulation, fast-tracked approvals and giving first-home buyers more access to their savings.
First Home Buyer Support
Mortgage interest deduction: Claim interest on up to $650,000 in mortgage debt over 5 years.
Super Access: Withdraw up to $50,000 from super for a deposit (must repay on sale).
Source: Liberal Party of Australia
Expanded Home Guarantee Scheme
Income thresholds will be raised and participant caps removed, helping more Australians buy with a 5% deposit and no LMI. Source: Liberal Party of Australia
$5 billion infrastructure fund
To unlock up to 500,000 new homes by funding utilities, roads and transport in growth zones. Source: Liberal Party of Australia
10-year freeze on construction code changes
Intended to reduce red tape and lower building costs, potentially saving up to $60,000 per new home. Source: Liberal Party of Australia
Construction industry reforms
Target to hire 400,000 new apprentices and trainees in construction, with incentives for SMEs to hire and train. Source: Liberal Party of Australia
Lowering demand pressure
Migration cap: Reduce permanent migration to 140,000 temporarily
Ban on foreign ownership of existing homes for two years
Source: news.com.au
Lending reforms
Proposes to change lending rules with regulators to help young Australians secure home loans more easily.
Source: Liberal Party of Australia
The Greens: Public housing and rent controls
The Greens have proposed some of the boldest changes on the table, centred on direct government builds and stronger protections for renters.
A million new homes
Build 1 million public and affordable homes over 20 years to fix what they call a broken housing system. Source: The Greens
National rent freeze
An immediate rent freeze followed by caps tied to inflation. A move welcomed by tenants, but questioned by property advocates. Source: The Greens
Investor Tax Reform
Phase out negative gearing
Cut CGT discounts, shifting focus from investors to home buyers.
Source: The Greens
Teal Independents: Sustainability and local reform
The Teals are pushing for localised planning reform and sustainability over broad federal schemes.
Smarter planning, not just spending
Push for densification in established suburbs
Review and reform council planning delays
Support build-to-rent as a long-term solution
Sustainability front and centre
Back energy-efficient builds and eco-housing incentives to reduce living costs and environmental impact.
Rental affordability focus
Rather than rent freezes, Teals favour:
Targeted rent subsidies
Greater Commonwealth Rent Assistance
More social housing to ease pressure
Transparency in property tax
Calls for greater disclosure of investor tax breaks and foreign ownership statistics. Source: The Guardian
Other parties and proposals
United Australia Party (UAP)
Interest rate cap: Home loans capped at 3% p.a. for 5 years
$30K in annual mortgage repayments to be tax-deductible
Increased investment in regional housing projects
Source: United Australia Party
One Nation
Permanent ban on foreign residential ownership
Cap net migration at 130,000 per year
Superannuation access for home buying
Five-year GST exemption on building materials
Tax-free income from renting rooms or granny flats
Source: One Nation Housing Policy
Comparison of Election 2025 Housing Policies
Policy Area | Labor | Coalition | Greens | Teals | UAP | One Nation |
Public housing | 30,000 homes via Housing Australia Future Fund | Infrastructure-led supply | 1 million over 20 years | Supportive of density + transparency | Regional builds | N/A |
Rent Controls | No rent freeze | No rent freeze | National freeze + inflation cap | Targeted subsidies only | N/A | N/A |
First Home Buyer Support | Help to Buy, 5% deposit without LMI | Super access, interest deduction, expanded HGS | Focus on affordability | Support local reforms | Super access | Super access |
Investor Tax Settings | Maintain NG & CGT | Maintain NG & CGT | Phase out NG, reduce CGT | Call for greater transparency | Deduct mortgage repayments | Cut red tape; tax incentives for granny flats |
Foreign Investment Policy | 2-year ban on existing home purchases | 2-year ban on existing home purchases | No formal stance | Call for disclosure | No clear stance | Permanent ban |
Migration and Demand | Not a focus in current platform | Short-term migration cut | No formal position | Not highlighted | No policy | Cap migration at 130,000/year |
Sources: alp.org.au, liberal.org.au, greens.org.au
What’s missing and what buyers should watch
Despite a strong housing focus across most platforms, there are still key gaps:
No major stamp duty reform - a missed opportunity for easing upfront costs
Limited direct help for mortgage holders feeling the pinch of rate rises
Rental affordability is acknowledged, but often lacks fully-funded solutions
Planning bottlenecks continue to slow down supply despite ambitious targets
Industry leaders like the Real Estate Institute of Australia (REIA) and Lendi Group have welcomed the policy focus on supply, but warn that targets alone aren’t enough without faster planning approvals and real incentives for developers and investors.
How Aussie can help you stay ahead
No matter the outcome of the election, Aussie’s here to help make your next step a confident one:
First Home Buyers: We’ll help you navigate government schemes, compare options, and stretch your deposit further.
Property Investors: We can support smarter decisions through tools like Live Equity and property reports.
Refinancers: See if switching your home loan could unlock savings in a high-rate environment.
With over 1,000 Aussie Brokers across the country, we’ve got the experience and insights to support every kind of buyer. From finding the right loan to negotiating the right deal, we’re in your corner.