Shadow Portfolio — 12 May 2026

Senator Andrew Bragg ran a sustained, three-part Senate attack on the government's housing policy on 12 May, targeting the Housing Future Fund, the five-percent deposit scheme, and new housing taxes. His core argument across all three interventions is that government policy actively suppresses housing supply while concealing the modelling that exposes its price effects.

Bragg claimed Treasury's modelling for the Home Guarantee Scheme — which projected a 0.6 percent price rise — remains redacted, while actual prices have risen six percent in six months. He advanced a supply-side alternative: cut taxes and red tape to build 250,000 homes annually, framing the government's approach as a fiscally damaging cash grab that contradicts its own 1.2-million-home target.