Ahead of the Australian election, Prime Minister Anthony Albanese has unveiled a new housing policy designed to 'unlock' 100,000 new homes for first home buyers.

This scheme will only be available to first home buyers and the Government plans to make it easier to get approval for a mortgage.

Australian correspondent Oliver Peterson says it's unlikely this promise will be able to address the root of the issue.

LISTEN ABOVE

Ahead of the Australian election, Prime Minister Anthony Albanese has unveiled a new housing policy designed to 'unlock' 100,000 new homes for first home buyers.
This scheme will only be available to first home buyers and the Government plans to make it easier to get approval for a mortgage.
Australian correspondent Oliver Peterson says it's unlikely this promise will be able to address the root of the issue.
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Oliver Peterson: Australian correspondent on Anthony Albanese's plan to 'unlock' 100,000 new homes for first home buyers

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