Angus Taylor, the newly elected Liberal leader, has set his sights on addressing housing affordability and the cost of living. His first official day in office was marked by a leadership spill, where he emerged victorious over Sussan Ley. Taylor and his deputy, Jane Hume, spent the morning in Goulburn, a town north of Canberra, engaging with builders and young families.
Taylor emphasized the importance of homeownership in the Australian context, stating that it is a cornerstone of the nation's ideal and a significant milestone for young families. However, the specific policies he will implement to tackle Australia's housing crisis remain unclear. Taylor suggests that cutting red tape and reducing regulations will accelerate development.
In response to potential changes in capital gains tax discounts for property investors, Taylor argues that higher taxes may lead to a decrease in investment. The Albanese government is considering similar policies but is cautious about any tax adjustments to ensure improved housing affordability.
Following his victory, Sussan Ley announced her resignation from parliament, triggering a by-election in the southwestern NSW seat of Farrer. Taylor acknowledges the challenge of retaining the seat, which has been a conservative stronghold since its establishment in 1949. An independent candidate, Michelle Milthorpe, who won 20% of the primary vote in the last federal election, is also vying for the position.
Regarding the shadow cabinet, Taylor remained tight-lipped, expressing his confidence in the talent available to him. He and Hume plan to focus on challenging the Labor government on issues such as the cost of living, interest rates, inflation, and immigration. Taylor criticizes high immigration numbers and calls for an immigration policy aligned with Australian values, emphasizing the importance of rejecting hatred and violence.
