The Treasurer’s Budget Speech on 12 May highlighted a range of initiatives under the heading, “More homes and a fair go for first home buyers”. These included a lift to total investment in housing, lower deposits, tax reform, investment in power, roads and drains for new housing developments, and cutting red tape and planning delays, amongst other measures. The Treasurer stated, “These housing reforms go to the core of our Budget strategy. Dealing with the very real pressures on people right now”.