Labor's Budget Is Making Australia's Housing Crisis WORSE - Senator Andrew Bragg Explains Why

It doesn't matter whether you own an investment property, whether you're renting, or whether you're desperately trying to buy your first home. This Federal Budget has just made your situation harder.   If you're a tenant, rents are already punishing. Vacancy rates are near record lows, and there simply aren't enough rentals to go around. The tax changes will lightly push rents even higher. If you're trying to buy your first home, you're already fighting a market that has taken the average deposit savings time out to over 11 years. The budget does nothing to fix the supply shortage that is keeping prices out of reach.   And if you're a property investor, the rules you planned around have just been rewritten mid-game.   What connects all three groups is this: Australia has a housing crisis that is fundamentally a supply problem, and the government is responding with a tax policy that does nothing to build a single new home.   In today's show, I speak with Senator Andrew Bragg, the Shadow Minister for Housing and Homelessness, who has been one of the most outspoken voices in Parliament on exactly this point.   By the time you finish this episode, you'll understand why these negative gearing and capital gains tax changes are going to hurt renters, first-home buyers, and investors alike, and what a genuine housing solution actually needs to look like. Join us as we uncover strategies for navigating the current property market landscape.   Takeaways  • Australia's housing crisis is primarily due to a shortage of supply. • Recent budget changes may increase financial pressure on renters and buyers. <span lang="EN-US" style="font-family: 'Arial', sans-serif; font