Taylor harnesses Turnbull era tactic on housing
With home ownership getting more out of reach for younger Australians, shadow treasurer Angus Taylor says the Coalition will work on scaling up City Deals to address the supply side of the problem.
Not many Coalition policies have survived the change of government to Labor, but the Turnbull era City Deals have endured.
And shadow treasurer Angus Taylor, who in a previous role as assistant minister for cities was central in putting the first three deals together, thinks they can play an even bigger role.
In an interview with Capital Brief, Taylor revealed that the Coalition is exploring how to make City Deals “far more scalable”, which would include using them to boost the supply of housing.
Malcolm Turnbull adopted the United Kingdom’s City Deals in 2016 to create partnerships between all three levels of government, to identify and fund infrastructure that would boost the economy and quality of life in a particular area.
