Mar 1 β€’ 19:08 UTC πŸ‡¦πŸ‡Ί Australia ABC News AU

Going once, going twice, sold! What's on offer this election from Labor and Liberal to fix the housing crisis

Both major Australian parties have proposed various policies to tackle the housing affordability crisis ahead of the 2026 South Australian state election.

Ahead of the 2026 South Australian state election, the major political parties, Labor and Liberal, are stepping up with extensive proposals aimed at addressing the ongoing housing affordability crisis. The State's Valuer-General recently reported that Adelaide's median sale price has officially reached $925,000, suggesting a burgeoning housing market that is expected to cross the million-dollar mark soon. As South Australians grapple with these steep prices, the housing crisis is becoming a pivotal issue in the upcoming election, with candidates keenly aware of its emotional and economic implications for voters.

Personal accounts reflect the struggles of potential homebuyers; one first homebuyer articulated the near impossibility of saving for a deposit without financial support from their parents, highlighting the socio-economic pressures faced by younger generations in an inflated market. The urgency of the issue has prompted both Premier Peter Malinauskas and Opposition Leader Ashton Hurn to actively engage in public demonstrations of their commitment, with Malinauskas even participating in a hands-on housing policy blitz. This visual rhetoric reinforces their positions that they are proactive in addressing housing needs.

The forthcoming election approaches amidst increasing expectations from the electorate, who are looking for tangible solutions to the housing crisis. With housing affordability at the forefront, the policies introduced by both parties will not only shape the immediate electoral competition but will also affect the long-term economic landscape of South Australia, as voters weigh their options based on who they believe can provide the most viable and effective solutions for affordable housing.

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