Housing has become a central issue in Australia’s 2025 federal election, with both major parties promising reforms aimed at improving housing supply and affordability. The Real Estate Institute of Australia (REIA) has welcomed the attention, highlighting that real change will come from translating policy promises into tangible outcomes.
REIA’s 7-point Election Plan—A Home for All Australians—has been partially addressed by both Labor and the Coalition. Labor pledges a $10 billion investment to build 100,000 homes over eight years and allow all first home buyers to purchase with a 5% deposit. The Coalition, meanwhile, focuses on mortgage affordability through income tax deductions, superannuation access, and APRA lending reviews.
While the national target of 1.2 million new homes by mid-2024 remains a benchmark, the path is blocked by longstanding challenges: planning delays, underutilised stock, rising construction costs, and inflation.
For investors, policy stability remains a cornerstone. Both major parties have committed to maintaining current negative gearing and capital gains tax settings, contrasting with the Greens, who propose removing these incentives. REIA warns that such changes could destabilise the market and undermine investor confidence.
The REIA cautions that while policy announcements are promising, effective implementation and accountability are what will ultimately make the difference. As the election unfolds, property investors should stay informed and consider how these policies could impact both market demand and long-term rental supply.
For those navigating Tasmania’s real estate market, the current focus on housing could signal future opportunities—but only if plans materialise into action.
