MORE THAN 250,000 AUSTRALIANS SUPPORTED INTO THEIR OWN HOME UNDER LABOR

CANBERRA, ACT, May 15 -- The Prime Minister of Australia issued the following media release:

The Albanese Labor Government has now helped more than 250,000 Australians buy a home through the 5% Deposit Scheme, helping a new generation of Australians get into home ownership.

This has helped Australians save more than $2.3 billion on Lenders Mortgage Insurance costs and taken years off the time it takes to get into a home.

This milestone builds on the Government's housing plan announced in the Budget to build more homes, make the tax system fairer and help more Australians realise the dream of home ownership with reforms to negative gearing and the capital gains tax.

For too long, too many Australians have worked hard, done all the right ...