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Labor is in damage control over falling house prices.Why not take credit instead? | Tom McIlroy

In the long term Chalmers, O’Neil and Albanese will want to own any improvement in intergenerational equity, so maybe it’s better to start now

This story summarizes reporting from The Guardian. Read the original for full context. Wire items stay in our news sitemap for seven days. Editorial policy.

Read full story on The Guardian →
Tom McIlroy4 Sept 2026, 03:00 pmUpdated 1h ago1 min readAsiaAustralia
Labor is in damage control over falling house prices. Why not take credit instead? | Tom McIlroy

Australia — Tom McIlroy

In the long term Chalmers, O’Neil and Albanese will want to own any improvement in intergenerational equity, so maybe it’s better to start now

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Getting caught telling the truth can be dangerous in politics.

This week, as Labor struggled to explain a growing downturn in Australia’s property market and copped anger at falling house prices, assistant minister Matt Thistlethwaite was more frank than most of his colleagues about the contributing factors.

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This report is published with credit to The Guardian. The wire sent a summary; open the original for any extra context. Read on The Guardian →

Source: The Guardian · Tom McIlroy. Published 4 Sept 2026, 03:00 pm.

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