Labor said nothing is more fundamentally important to a quality life than a safe, affordable home. 3
But under Labor, Adelaide is the sixth least affordable capital city in the world to buy a home, and the second least affordable in Australia. 4
The median house price in Adelaide is over $1 million, bringing a stamp duty bill of over $50,000. 5
Yet Labor won’t remove stamp duty on existing homes for first home buyers. 6
Instead, first home buyers are waiting up to 15 months to move into a newly built home under Labor. 7
Now Labor wants to increase the cost of building a new home through their proposed building regulations. 8
Our housing is in crisis under Labor.