Jill Sheppard

Debate over house prices 'invokes terror' in politicians

Falling house prices would ease inflation but politicians find the question much more complicated Fri 5 Jun 2026 at 6:33am In short: Politicians have hesitated to weigh in on whether it would be good or bad if prices fell. One economist says house prices falling will ease inflation but would upset many voters. The government has passed its budget tax reforms through the House of Representatives, but will need the support of the Greens to pass them in the Senate.