‘It’s not political’: PM’s distance ahead of looming interest rate rise

Morrison is the Great Denier

The ALP will allow the government to take stakes of up to 40 per cent in first home-buyers’ properties, to help them get into the market.

It is similar to a plan Mr Morrison announced in 2008 – which he denied on Monday. “I had no plan for the government to own people’s homes,” he said.

Mr Morrison said Labor’s plan would put homeowners “last in line”. “Labor has a plan where they want the government to own your home, it’s not only that, you are last in line when it comes to your home,” he said. “The bank has the first call over it. The government has the second call over it, and you come last when it comes to your own home.”

Source: ‘It’s not political’: PM’s distance ahead of looming interest rate rise

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