Housing one of the ‘defining challenges’ of Australia’s economy: Jim Chalmers

Treasurer Jim Chalmers says the Albanese government is investing more into housing than “any government ever has”. Question Time has begun after the Albanese government’s budget deficit was forecast to grow even larger due to falling tax revenue and higher spending. The Treasurer claims the government is investing “more than 10 times” what the Coalition invested in housing over nine years. “Housing is one of the defining challenges in our economy; it’s one of the substantial pressures on people right now and that’s why it’s a big priority of the government to address this challenge,” Mr Chalmers said.