One Nation's 5% housing deposit scheme a recipe for disaster

The brief

Australia's housing market has experienced over 25 years of demand-side policy stimulus through various initiatives, including home buyer grants and low-deposit schemes. The country's housing prices have continued to rise despite these efforts. Critics argue that such policies only exacerbate the issue, driving up prices and making housing less affordable for many. The debate surrounding the effectiveness of these measures has sparked concerns about the long-term sustainability of Australia's housing market.