Live: Shadow minister says he wants to see 6pc drop in entry-level house prices

live Federal politics live: Shadow minister says he wants to see 6pc drop in entry-level house prices Shadow Housing Minister Andrew Bragg says he wants to see a 6 per cent drop in entry-level house prices. Follow all the updates in our live blog. Submit a comment or question Live updates Fri 5 Jun 2026 at 7:10am Coalition's Andrew Bragg says he wants to see 6 per cent drop in entry-level homes Shadow Housing Minister Andrew Bragg says he wants to see entry-level house prices fall by at least 6 per cent. The shadow housing minister has attributed the most recent rise in house prices to the government's 5 per cent home deposit scheme. Speaking to 7.30, Bragg says he thinks it's a "great shame" that a person on an average wage can't get access to a house. "I'm not worried about people who have great wealth and already have terrific opportunities. I'm worried about the people who can't get access can't get access to the Australian dream," Bragg says. Asked if he thinks Opposition Leader Angus Taylor agrees with that position, Bragg says it's just an example. "Our point is that we want to see affordability improve, which, of course, you do by building more houses and not having crazy ideas like having a 5 per cent deposit scheme which is not means-tested, which is not capped, and then not having migration calibrated with house building," he says. "There are a lot of factors here that you can deploy to stabilise and improve affordability. That's our focus: affordability." Fri 5 Jun 2026 at 7:05am Good morning 👋 Hello and welcome to today's federal politics live blog! It's great to have you join us here early this Thursday morning. I'm Josh Boscaini joining you live from Parliament House in Canberra, here and ready to bring you all of today's federal politics news. The prime minister is expected to give a speech today where he'll reportedly continue his defence of the government's budget. I'm otherwise not sure what today could throw at us so let's get into the day and see what happens!! Loading