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Labor ‘confused’ by its own first home buyers policy


Sky News host Chris Kenny says weeks after Labor announced its Help to Buy scheme, it's “confused” by the party’s own policy.  

“Labor has tried to tap into the housing affordability issue with a crazy scheme where the government would take a 40 per cent stake in your house, they'd own the house with you, and that will always create a bit of a muddle,” Mr Kenny said.  

“The beauty of the government's new policy announced yesterday is that by allowing access to up to $50,000 of their super, first home buyers get a leg up with their own money, their own savings.”

Sky News host Chris Kenny says weeks after Labor announced its Help to Buy scheme, it’s “confused” by the party’s own policy.

“Labor has tried to tap into the housing affordability issue with a crazy scheme where the government would take a 40 per cent stake in your house, they’d own the house with you, and that will always create a bit of a muddle,” Mr Kenny said.

“The beauty of the government’s new policy announced yesterday is that by allowing access to up to $50,000 of their super, first home buyers get a leg up with their own money, their own savings.” Sky News host Chris Kenny says weeks after Labor announced its Help to Buy scheme, it’s “confused” by the party’s own policy.

“Labor has tried to tap into the housing affordability issue with a crazy scheme where the government would take a 40 per cent stake in your house, they’d own the house with you, and that will always create a bit of a muddle,” Mr Kenny said.

“The beauty of the government’s new policy announced yesterday is that by allowing access to up to $50,000 of their super, first home buyers get a leg up with their own money, their own savings.”

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