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Election Coverage Flat White

Dutton’s tax-deductible interest for first homebuyers is a breakthrough

13 April 2025

11:56 AM

13 April 2025

11:56 AM

Like many conservatives, I have been waiting for something original from the Coalition that will differentiate them from the socialists. Labor has proven time and again that socialist approaches to housing affordability do not work. Today, I am pleased to report that Peter Dutton has announced an Australian first: First homebuyers will be eligible for tax deductions on their mortgage interest for new builds for the first five years of their mortgage.

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