Portfolio — 10 May 2026
Assistant Treasurer Daniel Mulino framed the upcoming budget around three pillars — intergenerational fairness, productivity, and resilience — with housing supply as the lead policy priority. He cited $45 billion in existing initiatives, including EPBC Act passage and a freeze on the National Construction Code, as evidence of the government's supply-side commitment.
Specific intergenerational measures highlighted include a 20 percent reduction in HECS repayments and 5 percent home-deposit assistance. A three-day reform roundtable, which Mulino said produced unanimous support for intergenerational fairness, underpins the budget framing ahead of its release.
The official records this note draws on — the raw primary documents themselves, as published.