From The Campaign Trail

Dreams of home ownership are fading as ordinary families struggle with increased rental payments and mortgages that can't be afforded. Despite John Howard's claim that Australian families have never had it so good, many working families are struggling. Today Kevin Rudd made it clear that Labor will tackle the rental crisis. He committed Labor to a National Rental Affordability Scheme which will help create 50,000 new affordable rental properties across Australia. Kevin's combination of tax incentives and financial support will assist low and middle income families to meet rising cost of living pressures, and save to buy their own home. See full details: http://www.alp.org.au/media/0807/mshoulootre130.php