# How young Aussies face an $85k bill – each! – because of Albo’s economic plans that were meant to help: PETER VAN ONSELEN

- URL: https://talkfuse.com/story/how-young-aussies-face-an-85k-bill-each-because-of-albos-economic-plans-that-were-meant-to-help-peter-van-onselen/
- Published: 2026-08-04T04:25:40+00:00
- Updated: 2026-08-04T04:48:22+00:00
- Original publisher: Daily Mail (publisher lean: Right)
- Original article: https://www.dailymail.com/news/article-16026495/Albanese-housing-policies-young-Australians-negative-equity-PETER-VAN-ONSELEN.html?ns_mchannel=rss&ns_campaign=1490&ito=1490
- Topics: Government, Politics, World

## Key points

- Van Onselen says Labor's housing scheme left buyers over-leveraged
- Falling prices could cost young Australians about $85,000 each
- Rate rises and tax policy reversals blamed for market downturn

## Summary

Columnist Peter van Onselen argues that the Albanese government's first home buyer policies have left young Australians dangerously exposed as property prices begin to fall. He contends that Labor's five per cent deposit scheme encouraged buyers to take on 95 per cent mortgages, while the government's own inflationary spending helped push interest rates higher and its reversal on negative gearing and capital gains tax pledges was designed to cool the property market, leaving many new buyers now trapped in properties losing value.

The piece claims the combined effect of these policies could leave young Australians facing losses of around $85,000 each as prices fall, having entered the market with minimal deposits and little buffer against negative equity. Van Onselen frames this as a case of government intervention backfiring, with buyers who took up the scheme to get onto the property ladder now bearing the financial risk of a housing downturn that he says Labor's own policies helped bring about.

---
Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.