Prime Minister Anthony Albanese has spent the morning in the outer suburbs of Melbourne, spruiking Labor’s housing policy.
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00:00Prime Minister Anthony Albanese campaigning at another construction site where he's trying
00:06to cement Labor's housing policy in voters' minds ahead of the lull of the Easter long
00:11weekend.
00:12Their pitch, throw open the front door to first home buyers with a $10 billion promise
00:16to build 100,000 new homes and cut years off the weight to own through a 5% deposit scheme.
00:22We have a plan for supply, not just for demand.
00:26And part of what we are doing on supply is right behind us here.
00:31The $2 billion Social Housing Accelerator program has seen over 700 homes built here in the
00:38suburbs of Melbourne and in regional Victoria.
00:42But there's a catch.
00:43Economists say this could push prices up even as the government frames it as a solution to
00:47rising costs.
00:48Where we are campaigning today is no accident.
00:51Menzies is the shadow housing minister, Michael Suker's electorate, that he holds on a nano
00:55margin of 0.02% and where Labor is seeking to evict him.
01:00Here in the outer metropolitan suburbs of Melbourne is where the election will be won and lost.
01:05Labor trying to convince the mortgage belt that the worst of the economic turbulence is
01:10the outcome of the murderous