Q: The Coalition is promising today to loosen the mortgage lending rules to let more younger Australians buy homes. Will you match that? What’s your plan to get younger Australians into homes?

Albanese:

It’s pretty hard to work out exactly what it is that they’re promising. One of the things that we have done is to ensure that banks won’t take into account people’s HECS debt which is really important. In addition to that, the support we’re providing young people is to take 20% further off student dealt on top of the $3 billion we reduced HECS debt by, by changing the indexation arrangements which are there. We’ll give every young person a tax cut.

If you look at the difference that our changes to stage 3 made, 98% of young people were better off because we intervened to changed tax cuts to make sure they got looked after. It is overwhelmingly a much greater proportion due to the number of young people working pardon time who benefit from that tax cut from the first rate up to $45,000.

They benefited from the last tax cut and they’ll benefit from the next one and the one after. Peter Dutton will take that away. In addition to, that we have the series of our $33 billion homes for Australia plan, whether it’s social housing, build-to-rent schemes or whether it is the help-to-buy schemes – All of those measures were opposed by the Coalition.

A Coalition where Peter Dutton sat in the cabinet room for the entire time of the three different prime ministers that were there under the chaotic form a coalition government and he did not once sit there and think to himself, why haven’t we got a Housing Minister? Because behalf the time, they did not even bother to have a Housing Minister and that is one of the reasons why over the period of their government, this became such a major issue.