Labor wants to fix Australia’s housing issues – but there’s little hope for those not already on the ladder

Without genuine reform, experts predict house prices to ‘climb by 6-10% in 2025’ and the gap between homeowners and those locked out of market to widenGet our breaking news email, free app or daily news podcastDays after Labor won a decisive victory with a mandate to fix housing affordability, those in charge of handing out mortgages poured cold water on it coming to pass.Andrew Irvine, the chief executive of National Australia Bank, said the country “may not get the outcome we want” as the gulf between homeowners and everybody else threatens to expand in the coming months.Sign up for Guardian Australia’s breaking news email Continue reading...

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