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Build-to-Rent is Really Build-to-Never-Own

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Labor’s decision to slash the withholding tax for foreign corporate landlords from 30% to just 15% is a slap in the face to everyday Australians. While families struggle to buy a home, Labor is rolling out the red carpet for global giants like BlackRock, Vanguard, and State Street—offering them tax breaks to build rental stack-and-pack apartments that Australians will never own.

Let’s call it what it is: build-to-rent is build-to-never-own. It’s designed to lock Australians into a lifetime of renting from foreign billionaires, while those same corporations pay less tax than the hardworking people they’re renting to.

One Nation has been warning about this for years. We believe in the Australian dream—owning your own home, not renting it forever from a global landlord.

We stand with Australians, not greedy foreign corporations and parasitic predators driving the World Economic Forum and the United Nations agenda.

Transcript

Senator Bragg’s disallowance seeks to throw a spanner in the works of the build-to-rent scheme. That’s a very good thing and One Nation will be wholeheartedly supporting it. Foreign corporations used to pay a 30 per cent withholding tax on housing investments like build to rent. Labor cut that in half, to 15 per cent.  

Let’s be clear: this Labor government said to foreign, corporate landlords like BlackRock, State Street, Vanguard and first state, ‘We’ll cut the amount of tax you pay in half.’  

Forget the Australian dream of owning your own home. Labor’s dream is that you live in a stack-and-pack shoebox apartment paying rent to BlackRock forever, while those foreign corporations pay less tax than you do. That’s what build to rent means. 

Whenever you hear ‘build-to-rent’, remember ‘renting forever to a foreign corporation, a foreign corporate landlord and a foreign global wealth investment fund’. They’ll build homes, for sure, and Australians will never, ever own them—never. It’s built to rent forever. I’ll quote from the Economics Legislation Committee report into the Treasury Laws Amendment (Build to Rent) Bill 2024 and the provisions of the Capital Works (Build to Rent Misuse Tax) Bill 2024. The provisions of the bills include ‘reducing the final withholding tax rate on eligible fund payments—distributions of rental income and capital gains—from eligible managed investment trust investments from 30 per cent to 15 per cent, starting from 1 July 2024’. So there you go—a tax cut in half for those global, corporate, predatory investors, who own almost everything and are determined to own everything. I’ll say that again: they own almost everything and are determined to own everything. 

The report states: 

The draft legislation was adjusted as a result of this consultation to ensure the government’s policy objective of incentivising foreign investment in BTR— 

Build-to-rent— 

including affordable housing supply, is achieved. 

They are admitting that the objective of the bills is incentivising foreign and predatory corporations into owning your home. The report also states: 

The Property Council advised the 15 per cent tax rate for investment in housing is already available to Australian investors. The MIT— 

managed investment trust— 

withholding tax rate applies to withholding tax that goes back to overseas investors— 

Predators and parasites— 

but foreign investors can also capital partner with Australian investors. 

That is the most telling part of all. This bill would only change the tax treatment of foreign, predatory, multinational corporations. That’s all. There’s nothing for Australians. Australian companies could do it. Foreign companies pay a penalty—that’s a good thing. Yet the Labor Party of Australia would change that; you in the government would change that. Are Labor the party for Australia, or are they the party for global, foreign corporations? Build-to-rent answers that question clearly. Clearly Labor are for the foreign corporations like BlackRock, Vanguard, State Street and First State. One Nation, though, is for Australians owning their own homes. 

I’m going to do something a little unusual and quote extensively from the coalition senators’ dissenting report on the build-to-rent bills—an outstanding report. I hope you don’t mind, Senator Bragg. It goes to the very heart of what’s wrong with the new Labor Party: 

Build to Rent has had minimal cut-through in Australia because our tax settings are designed to favour individual, ‘mum and dad’ investors, not institutions. That is appropriate. 

This legislation seeks to tip the scales in favour of institutions through tax concessions, in order to make Build to Rent projects profitable for industry super funds and foreign fund managers. Labor thinks that institutions need a leg up over Australian first home buyers. 

Why? The report continues: 

Dr Murray was critical of the Bill’s attempted perversion of our tax arrangements: 

It’s not clear to me why local investors shouldn’t be advantaged over foreign investors in Australian housing. I don’t see that there’s a good argument … for levelling the playing field there. It’s not clear to me, if the intention is to attract super funds into this, why owning your own home via your super fund and renting your own home from your super fund is better than owning your own home and using that money to buy what is the best asset to own in retirement. 

That’s just like One Nation policy. The report goes on: 

At the public hearing, the Association of Superannuation Funds of Australia (‘ASFA’) suggested that Australians would prefer Black Rock and Cbus be the nation’s landlords— 

Really? You would? 

and described mum and dad investors as undertaking a ‘hobby activity’— 

How condescending; how arrogant— 

Senator BRAGG: Do you think the Australian people want to rent their house from a super fund? 

Mr Clare: I think that they would be very happy with institutionally owned residential property where there is an option of having longer-term tenancies rather than the more-typical-in-the-market situation where there is a lack of assurance of continuity of tenancy because it’s a small-scale, hobby activity for individual landlords. 

The report continues: 

This is the view of a vested interest. Most Australians would not agree with this proposal. 

Other witnesses did not share ASFA’s view. Grounded Community Land Trust Advocacy told the Committee:  

Senator BRAGG: Are you concerned that we are seeing a corporatisation of housing in Australia? 

Mr Fitzgerald: Absolutely. This is delivering horrifying results in the Northern Hemisphere, and this legislation makes no account of that— 

No account of what’s actually happening— 

It perplexes me that this government, which purports to be in support of labour— 

That is, workers— 

is allowing rent-maximisation strategies to come through unabated. Yes, I agree: pushing mum-and-dad investors out of the housing market will result in less competition— 

An oligopoly for the big fellas— 

What we’re seeing in the Northern Hemisphere is a horrific new software program called YieldStar, which in Atlanta coordinates rental increases for 81 per cent of rental properties. The board of supervisors in San Francisco has now banned this as a monopolistic practice— 

Yet you want to bring it in— 

There’s just nothing in this legislation that even prepares us for what’s coming. 

The report goes on: 

The Housing Industry Association pointed to the importance of Australia’s housing market maintaining a focus on individual ownership. 

Senator BRAGG: But isn’t it the case that the character of the housing market in Australia is largely focused on individuals? … Do you think that’s a good or a bad design feature? 

Mr Reardon: I think that is a very positive outcome, with the association and connection with home and with location, and a sense of place and purpose—all of those dynamics. 

This is reinforcing what we already know and what Senator Bragg has already discussed. Mr Reardon goes on: 

All the evidence shows that people who own their own home are far less likely to be incarcerated and more likely to be gainfully employed. All of the evidence shows positive economic, social and cultural outcomes. 

Personal responsibility is a cornerstone, a foundation of a safe and productive society. Personal responsibility enables and is the basis for a safe and productive society. 

Senator Bragg’s report then says: 

Australians are not interested in subsidising institutional investors. When asked what organisations would be the key beneficiaries of Build to Rent tax concessions, Treasury confirmed that foreign fund managers would be at the centre: 

There are a lot of foreign investors using the MITs because of the withholding tax concessions and other benefits from using that structure, but there can also be domestic investors using the MITs; they just get a different tax regime. Those investors will be working in partnership with commercial developers to develop these buildings. 

The report continues: 

Cbus Super has previously committed to scaling up in the Build to Rent sector, announcing a plan to scale up its portfolio to approximately $2 billion in apartments. 

Some of the most alarming evidence from the public hearing was that the passing of this Bill could see Australian taxpayers subsidising foreign governments in their investment in our housing market. Dr Murray warned: 

I find it interesting because we’ve already even got foreign investment funds doing build to rent. What’s even funnier is that the largest one is a foreign government. We’ve got the Abu Dhabi Investment Council, who owns the Smith Collective on the Gold Coast, which is 1,251 build-to-rent dwellings, and we’re now proposing to offer them a better tax treatment for something they’re already doing—through a foreign government. I find that a bizarre outcome of this proposed bill. 

It is bizarre. The report continues: 

Approaches like Build to Rent endeavour to emulate the corporate housing model which has seen a downturn in the United States housing market. 

Fund managers have become the predominant landlords in the US— 

I will digress from Senator Bragg’s dissenting report for a minute. The bankers in the United States said in the 1920s that their dream was a combination of predatory behaviour and legislation to get a monopoly and own every house that they could in the country—to control people—because once people have their residence at stake, they are easily controlled. The report says: 

Fund managers have become the predominant landlords in the US. According to the US Government Accountability Office (‘the GAO’), large institutional investors emerged following the global financial crisis, purchasing foreclosed homes at auction in bulk and converting them into rental housing. 

In 2023, corporate housing funds held $1 trillion USD in assets. In Atlanta, Charlotte and Jacksonville, institutional investors own 25, 18 and 21 per cent of the rental stock respectively. 

That is what you are wanting here. We don’t want it. The report continues: 

This corporate housing model, in order to generate a return on investment for institutional investors, relies on individuals being locked into a cycle of perpetual renting— 

This is exactly what we’ve been warning for the last five years. It continues: 

There is a growing consensus in the US that this model has failed and is hurting prospective first home buyers. Lawmakers from both sides of politics are introducing legislation to limit institutional investment accordingly— 

Watch what’s happening; this has failed— 

While the US is moving away from corporate housing, the Australian Labor Party is forcing Australians into it. 

Well, Senator Bragg, I’m not ashamed to admit we probably couldn’t have written it better ourselves; thank you. 

Build-to-rent is an abomination that destroys the Australian dream of owning your own home. One Nation raised this cruel reality years ago. One Nation rejects making Australians forever renters to a cartel of greedy foreign corporations. 

An honourable senator interjecting— 

Senator ROBERTS: Let’s see if you repeat that: One Nation rejects making Australians forever renters to a cartel of greedy foreign corporations, predatory parasitic corporations and parasitic predators driving the World Economic Forum and the United Nations agenda, on your conscience. All Australians should be able to work hard and one day own their own slice of this great, big, wonderful country with so much potential. Only One Nation has the policy to make this real for everyday Australians. 

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Hands Off Our Homes

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Transcript

I thank Senator McGrath for this motion, which One Nation supports. This government is flooding the country with new arrivals who need a bed to sleep in. Home construction is 500,000 homes behind, and this figure is not reducing; it’s growing. A sensible party would simply impose a moratorium on new buildings until housing catches up. That’s One Nation policy.

This, though, is not a sensible government nor an honest government. The roundtable received a proposal to force Australians with spare bedrooms to take in new arrivals or pay a penalty tax. Elderly Australians living in their family homes, with children moved out and bedrooms galore, are terrified of this idea. Current best practice is for the elderly to stay in their homes for as long as possible. Now they are to be turfed out through taxation and forced into retirement homes. In answer to my question on this topic to Minister Gallagher yesterday, I did hear a qualified denial. The minister did not rule the idea out, though; rather she used vague words like, ‘The proposal was not raised while I was in the room.’ Really? That’s not a clear statement. The idea must be dismissed and never considered again.

I would raise this simple question: what’s a bedroom? Does ‘bedroom’ mean any room that can be used to house a new arrival? Studies, rumpuses, garages turned into granny flats? Who will make these decisions? SBS, who promoted the idea, has clearly never watched Doctor Zhivago, a movie depicting life under Soviet rule, which depicted this very thing. The Soviets actually did this, so it’s an idea with precedent. Will the government include compulsion in addition to taxation? Will all those Australians who are buying their homes under Help to Buy or government guaranteed mortgages, who have the government as the shareholder or guarantor on the mortgage, be forced to comply? Will they? Who knows, because no-one is saying. They won’t deny it.

I call on the Prime Minister to rule out any new taxes on the family home, including land tax, bedroom tax and grave tax.

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Mass Immigration Is Failing Australians

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I’m an immigrant, and I love this country deeply. Like many others who marched in the March for Australia, I came here legally, embraced the culture, and built a life as part of the Australian community—not separate from it. We weren’t born here, but we’re proud Australians.

What we’re standing up against isn’t immigration itself—it’s immigration without assimilation. We’re tired of politicians pushing mass immigration without thinking about the social and economic hardship it causes. We’re fed up with being called racist or hateful just for wanting to protect our way of life, our jobs, and our communities.

Australians aren’t against migrants — we’re against policies that prioritise foreign workers over Aussie ones, that erode secure employment, and that replace permanent jobs with insecure subcontracting. Labor used to stand for workers, but now they’ve abandoned the working class in favour of globalist agendas, predatory billionaires and their corporate interests.

The truth is diversity is not our strength. Our strength lies in people from all over the world with different backgrounds coming together as Australians, respecting our laws, values, and culture. That’s the Australia I believe in – the Australia I marched for. If you love this country, if you want to contribute and be part of a united Australia, then join us.

Transcript

Immigration without assimilation is an invasion.’ So read the T-shirt that a lovely, older immigrant lady wore in the Cairns March for Australia on Sunday. Many of the tens of thousands of Australians who marched for Australia on Sunday were not born here. Like me, they’re immigrants. I spoke with marchers from all over the world, of every religion and skin colour. They are wonderful Australians who came here as migrants legally, who love this country and who have built a life in Australia, not on top of it—not those who impose their religion, their culture, their intolerance and their perpetual hate onto Australians and who marchers rightly criticised. Marchers criticised politicians and others who hate this country so much that they seek to flood Australia with like-minded arrivals to destroy our culture and to carve off religious and ethnic enclaves in order to divide us. The Australian public are not against immigrants. We’ve had a gutful of excessive, mass immigration—a simple distinction that the unhinged rants from Greens and Labor senators yesterday were designed to cover up. I appreciate the far left in this country have disappeared up their own nobility complex and have completely abandoned any pretence of democracy, decency or civil discourse. Vile, unhinged abuse devoid of facts—indeed, devoid of any relevance to the motion I presented yesterday—doesn’t work on One Nation. It doesn’t work on our supporters and it doesn’t work on those who attended the many marches for Australia. Our beautiful country can embrace and lift up only so many people before the economic and social costs cause the elastic of society to snap back, which is the process you’re watching with confused looks on your faces and fear in your eyes. 

The immigration debate is not an argument about someone’s past nationality, religion or skin colour. It’s an argument about wealth, opportunity and security. Former Labor prime minister Julia Gillard knew this to be true. In an address to the University of Western Sydney in March 2013, then prime minister Gillard promised Labor would ‘stop foreign workers being put at the front of the queue, with Australian workers at the back’. She said: 

We will support your job and put Aussie workers first. 

What a difference 10 years makes! Now those foreign workers are being advanced to the front using DEI, and Australian workers are being told not to apply. Often, the application is not even for a job with secure employment, an award or guaranteed conditions. In the new Australia, jobs are now a subcontracting arrangement requiring an Australian Business Number, an ABN. A microbusiness with a single customer—the same business which used to employ Australians on permanent employment, with awards protecting wages and working conditions—is no more. In just 10 years, the Greens have pushed Labor so far to the left they have abandoned their working-class base, embracing a UN/World Economic Forum sustainability agenda which gives their members less and foreign, predatory billionaires more. 

It’s no surprise that marches included members of the AWU, the CFMEU, the ETU and other unions who’ve seen their wealth, opportunity and place in Australia be reduced. Labor has failed to defend Australian workers from employment arrangements that destroy the standard of living of everyday Australians. Instead of listening to the public, rightly complaining, Labor came into this place yesterday and ranted against One Nation. They name-called, lied and misrepresented out of confusion and fear. One Nation has a message for this government: go back to your masters at the World Economic Forum, go back to your owners—the world’s predatory billionaires—and tell them Australia has had enough. We’re not going to be ground zero for your evil plan to tear apart Australian society, culture and cohesion and rebuild in the image of the World Economic Forum. Everyday Australians want our country back. Our success is inevitable because our Australia, built on family, on community and, yes, on national pride, is paradise compared to your ugly vision of a society based on an ever-changing agenda relying on intimidation and bullying. 

Harvard political scientist Robert Putnam found that the greater the diversity in a community the less they volunteer, the less they give to charity and the less they work on community projects. A massive new study based on detailed interviews of nearly 30,000 people across America supports those who marched on Sunday. In the most diverse communities, neighbours trust one another about half as much as they do in the most homogeneous settings. The study found that virtually all measures of civic health are lower in more diverse settings. Ask the five tight monocultures—Japan, Taiwan, China, South Korea and Singapore. Diversity is not our strength. Our strength is Australians who’ve come here from all over the world, with different races and religions providing different perspectives on life, working together as a community of Australians old and new. One Nation welcomes anyone who loves our country, who wants to join in and who wants to pull their weight, follow our laws and, in so doing, lift themselves up. If that’s the Australia you love, please join One Nation and help us reverse the decline of our beautiful country. 

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Tradies Promised – Families Delivered

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Australia’s migration program is failing to deliver the skilled workers we were promised.

An analysis shows that in 2023-24 only 12% of permanent migration spots went to skilled workers — and 0.09% to tradespeople. Meanwhile, the housing crisis worsens.

The system is broken!

— Senate Estimates

Transcript

Senator ROBERTS: Thank you for appearing tonight. I want to go to an analysis of the migration program—it’s an analysis done by Emeritus Professor Peter McDonald and Professor Alan Gamlen, who are affiliated with the Migration Hub at the ANU—and also a comment on their analysis by Leith van Onselen, the economist, who says of the report:

Australia’s immigration system is unskilled and broken.

They say, ‘In 2023-24, the permanent migration program’—185,000—’delivered just 166 tradespeople, negligible against national needs.’ The report also shows that just 12 per cent of places in the nation’s permanent migration program are going to skilled workers. Instead, many of these place are being allocated to members of skilled workers’ families. Zero point zero nine per cent of new permanent residents are in the trades. Australians have been promised that the migration program is to fill skills shortages to fix the housing crisis, and that’s being used to justify hundreds of thousands of arrivals—millions over the last few years. Yet now we know that just 166 tradies arrived in one year. Why is your department failing to make sure the people who are granted permanent places in Australia are actually skilled?
Senator Watt: Maybe the place to start, Senator, is what figures the department has around—there was a little discussion about this earlier in a session you weren’t here for, but maybe that’s a decent place to start.

Ms Sharp: Certainly. Thanks, Minister. Going very specifically to primary visa applicants who work in the construction sector, in 2024-25 there were 15,524 skilled visas granted to workers in construction.

Senator ROBERTS: Excuse me—what was the total migration that year?

Mr Willard: 185,000.

Senator ROBERTS: 185,000?

Ms Sharp: That was the permanent program, Senator, yes. Of that permanent program, 8,741 were skilled workers in the construction sector.

Senator ROBERTS: That’s about four per cent.

Senator Watt: But very different to the numbers you were just quoting, Senator.

Senator ROBERTS: Depends how they’re classified, Minister.

Senator Watt: Well, I think you gave a figure of 150-something—

Senator ROBERTS: 166.

Senator Watt: Yes, whereas the actual number is over 8,000—so, pretty big difference.

Senator ROBERTS: We can argue about the accuracy because it depends on the classification, but keep going.

Mr Willard: Senator, I’d add that the permanent program—it’s roughly two-thirds allocated to the skilled program. You are correct that the skilled program includes the primary applicants and their immediate family members, and there were 132,148 places delivered in that skilled program in 2024-25.

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Albanese Sides with Billionaires—Farmers Fight Back

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Recently in Parliament, Prime Minister Albanese tried to ridicule me, saying “Senator Roberts thinks that build to rent is part of the World Economic Forum’s agenda”‘ before calling it ‘a conspiracy theory. It reminded me of Gandhi’s quote: “First they ignore you, then they laugh at you, then they fight you, then you win.”

After One Nation doubled our Senate representation, it seems the PM has moved from ignoring to ridiculing — and in doing so, he engaged in misinformation.

Let’s be clear: the WEF’s push to end single-family homeownership is real. Their “you’ll own nothing and be happy” slogan isn’t a conspiracy—it’s a stated goal. The Albanese government’s nature-positive plan borrows heavily from WEF’s SUB (sustainable urban policy), after meeting with the new WEF co-chair Larry Fink of BlackRock.

Everyday Australians—especially our hardworking farmers—are being ignored while billionaires get the PM’s attention. No wonder he was booed at the Bendigo bush summit and chased out of town by farmers on tractors.

Labor is no longer the party of the worker. It’s the party of predatory billionaires destroying our country for profit, power and control. We’re going to need more tractors.

Transcript

There’s a quote from Gandhi which reads: ‘First they ignore you, then they laugh at you, then they fight you, then you win.’ I was reminded of that quote last Thursday when Prime Minister Albanese said of me in the House of Representatives: ‘Senator Roberts thinks that build to rent is part of the World Economic Forum’s agenda’—cue the spooky music— before calling this ‘a conspiracy theory’. Now, I can understand, after One Nation doubled our senators in the last election, why the Prime Minister would feel the need to move from ignore to ridicule. In trying to engage in ridicule, the Prime Minister only managed to engage in misinformation.  

The truth is the World Economic Forum opinion leader, who originated their mission statement ‘You’ll own nothing and be happy’, is the same person who used the stage at the annual World Economic Forum meeting in Davos to call for an end to single-family homeownership. Danish politician Ida Auken advanced his idea as part of the West’s sustainable urban policy, or SUB—as in subhuman. SUB is where the Albanese government took the name and many elements of its nature-positive plan, after meeting with the new World Economic Forum co-chair, BlackRock’s Larry Fink. Our Prime Minister should really be better informed on WEF’s evil agenda—or perhaps he is informed.  

One thing’s clear: the world’s predatory billionaires have no trouble getting time with our Prime Minister. The people who can’t are everyday Australians, including our hardworking farmers who put food on our table and who we need more than ever to feed the millions of new Labor arrivals—our farmers who contributed $72 billion in exports last year to feed and clothe the world. No wonder the Prime Minister was booed and heckled while on stage at last week’s Bendigo bush summit and then filmed being chased out of town in the company of farmers on tractors.  

Labor is no longer the party of the worker. It’s the party of predatory billionaires destroying our country for profit, power and control. We’re going to need more tractors.  

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Government Silent on Immigration Numbers

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Australia has up to 3.7 million noncitizens—in a population of just 27.4 million.

Hospitals are stretched, housing is unaffordable, and life is more expensive.

Why won’t the government reveal the real number?

Transcript

Not counting tourists, the number of people in Australia today who are not Australian citizens could be as high as 3.7 million. In a country with an estimated population of just 27.4 million people, this huge influx is stretching our hospitals, making housing unaffordable and making life more expensive. 

Noncitizens must have a visa to be in Australia. These are split into two categories: permanent residency visas and temporary visas. The latest data from the Department of Home Affairs shows that, excluding the 320,000 tourist and crew visas, there are currently 2.5 million people in Australia on temporary visas. The data on permanent residency visas is not clear; it’s murky. Between 2000 and 2021, three million permanent residency visas were issued to permanent migrants. In 2023, it was estimated that 59 per cent of those three million permanent visa holders have become Australian citizens. As of 2021, that would leave 1.2 million people who have not become citizens and are still on permanent visas, plus any more permanent residents who’ve arrived since 2021. Adding that best estimate of permanent visa holders to the 2.5 million people on temporary visas, we get 3.7 million people who are potentially in the country on visas. 

So what’s the real number? How many people are currently in Australia on a permanent visa, and why won’t the government tell Australians? Is it just too embarrassing for the government, after they promised to reduce immigration, to admit how many people in Australia aren’t Australian citizens? My new One Nation colleague Senator Tyron Whitten, Senator for Western Australia, will be asking the government about this number in question time today. In the middle of a housing crisis, the government had better know how many additional people it is letting into our country, undermining our standard of living and way of life. 

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One Nation’s Housing Fix

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One Nation backs Senator Bragg’s Housing Investment Probity Bill to stop public funds flowing to CFMEU-linked projects via Cbus.

We would however go further. One Nation would:

✅ Shut down the Housing Future Fund and the federal Department of Housing.

✅ Cut $50K off home costs by fixing the Building Code and suspending GST on building materials.

✅ Create a People’s Bank for 5% fixed-rate mortgages.

✅ Allow a person’s super account to invest in their first home.

✅ Deport visa violators to free up housing.

✅ Stop foreign ownership of houses.

Australia needs homes and jobs — not government waste.

Transcript

Senator Bragg has advanced the Housing Investment Probity Bill 2024, which modifies the charter of the Housing Australia Future Fund to prevent financing of projects that Cbus owns. Cbus is a superannuation fund with legal affiliation to the CFMEU. The CFMEU are currently under a federally appointed administrator, a move that was a long time coming. Queensland Premier Crisafulli has called an inquiry into the CFMEU’s systemic violence, intimidation, misogyny and bullying. This bill from Senator Bragg is common sense—to prevent cash leaking through Cbus to the CFMEU until the CFMEU clean up their act and get back to representing Australian workers and to working constructively with industry to create secure, well-paid jobs at scale for all Australians.  

Australia needs housing, and we need breadwinner jobs. We have a responsibility to ensure infrastructure is built on time and on budget. One Nation does, though, propose a better alternative to Senator Bragg’s bill. We would shut down the housing future fund and the federal department of housing. Housing is a state responsibility, a state power. Government has no role in building houses. Its presence in the market drives up prices and slows down production, displacing private builders and monopolising building products. We will wind the building code back to remove the woke nonsense and the net-zero nonsense which were recently introduced into the code, and suspend the GST on building materials. Together these will cut $50,000 off a new home’s construction cost. Independently assessed, around $49,000 of that comes out of the modifications to the building code, which are rubbish. We will take the $11 billion in funds under management at the housing future fund and roll that into a people’s bank, accessed through Australia Post, offering mortgages for first home buyers who are Australian citizens. It’s been proven here in the past in Australia. It’s been proven in North America. It’s been proven in Japan and New Zealand.  

Mortgages will be on five per cent interest with a five per cent deposit, fixed for up to 30 years. The five per cent deposit can come from the first home owner grant and then be topped up using the applicant’s own superannuation account, protected with a lien. Notice I said ‘account’, not ‘fund’. This will not be a drawdown from super. Super is useful for retirement. Our policy simply replaces super funds investing in housing with the person’s own super account investing in their own house. As the house grows in value, so too does the value of the lien held in the person’s own superannuation account, protecting their retirement. Someone who has been working in the workforce for five years on average, and who is entitled to a first home owner’s grant, may be able to move into their own home straightaway.  

We must do more for the young Australians who this government, and other recent governments, have sold out. Young people who did everything society asked—they studied hard, stayed out of trouble, got their degrees, got their high school qualifications—now have a HECS debt, rent and a grocery bill they can’t afford. And they are in despair, right across Australia. 

The government’s housing measures are complete rubbish. They are an insult to Australians. The government’s own incoming government report stated clearly that their construction targets would not be met—bloody hopeless. Canberra, as I’ve said many times, is the source of every major problem in this country, and one of the biggest problems we have in this country right now is a homelessness crisis—an inhuman homelessness catastrophe.  

In my state of Queensland, going from the north in Cairns, every major provincial city has a homelessness crisis, a housing crisis. In Cairns, Townsville, Mackay, Rockhampton, Gladstone, Bundaberg, Maryborough, the Sunshine Coast, the Gold Coast, Brisbane—the capital city of what should be the wealthiest state in the world has got homeless people sleeping on the riverbanks, under bridges, in tents and in caravans—Ipswich, Boonah, Toowoomba, in every major provincial city, there are homeless.  

If you drive into Gympie, in a concrete car park, there are homeless people in tents. Parents come home at night—working mothers and fathers—wondering if their kids are still in the car and then sleeping in the car. Where do they go to the toilet? Where do they have showers? These are good people. And then the councils just put the bulldozer through the tents, put the bulldozer through the cars and that’s it: gone.  

Why is that happening in Queensland? It’s because we’ve got so many people leaving Victoria to come up to Queensland. In particular, we have got catastrophic, inhuman immigration levels that this government and the previous government have perpetuated. Catastrophic immigration started with John Howard’s government when he doubled immigration. Every prime minister since has been on the trend of increasing immigration.  

We’ve got so many foreigners owning houses. Some of them are locked up as an investment, not being used. We’ve got 75,000 people here on residence visas illegally. One Nation says, ‘Deport them immediately.’ We’ve got students here in contravention of a student visa—up to 100,000 of them. Get rid of them. Free up some houses. We’ve got accommodation capacity for 100,000 students; we’ve got about 600,000 overseas students in the country. That can’t continue. One Nation says: start with the demand and deport people who are here illegally or in contravention of their visa—deport them. Stop foreign ownership of housing, which will increase the supply. And, regarding the construction costs that I’ve mentioned, our policy goes beyond what I’ve mentioned briefly. We’ve also mentioned the finances. Our One Nation policy fixes demand, supply, construction and finance. Senator Grogan said that housing cannot be fixed overnight. It can be fixed close to overnight, just by doing the things One Nation has said: address demand, supply, construction and finance. We must do better. It takes several months to build a house; it takes several months to build an apartment complex. It doesn’t take long, though, to deport people who are here illegally. It doesn’t take long at all. That frees up supply and reduces the demand. 

Canberra, as I said, is the cause of every major problem in this country, and it comes from both Liberal and Labor governments—every major problem. The government’s housing measures—I repeat—are rubbish. Their own incoming government report stated clearly that their construction targets would not be met, yet they perpetuate the nonsense. We must do better. One Nation are in support, and I thank Senator Bragg for this legislation. 

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Media Release: One Nation to Protect Forestry Jobs in Queensland

One Nation to protect forestry jobs in Queensland, as part of our policy to make Australia self-sufficient in timber and help address Labor’s national housing crisis.

Media ReleaseDownload

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Building a Better Future: Community Discussion Night

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Are you concerned about the future of Australia? Don’t miss this excellent opportunity to voice your concerns, share your ideas, and be part of the conversation.

I will be joining Brendan Kross, One Nation’s Federal Candidate for Blair, at Falvey’s Hotel Yamanto in Ipswich on Saturday, 5 April 2025.

RSVP here: https://senroberts.com/42kV1Al

Planning to dine in? Give the hotel a call at (07) 3288 9123 to reserve your table.

Let’s work together towards a brighter future for our nation.

I look forward to seeing you there!

🗓 Saturday, 5 April 2025 | 🕕 5:30 PM

📌 Falvey’s Hotel Yamanto

406 Warwick Road, Yamanto QLD 4305

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One Nation’s Plan for Economic Growth and Self-Reliance

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This budget is a mockery of governance that seeks to make Australians reliant on government handouts. It ensures that power is no longer vested in ‘We The People,’ instead it’s in ‘Them the Bureaucracy.’

The world has been here many times before and clearly, Treasurer Chalmers has failed to study history. The more the government borrows—$44 billion in this budget—the less private enterprise has available to invest and grow the economy for all who are here. The more the government spends, the less is available for private enterprise to create real jobs, making everyone more reliant on the government.

One Nation is offering the Australian people a comprehensive economic plan to restore wealth and opportunity for every Australian. One Nation will immediately return $40 billion into the pockets of everyday Australians, funded through savings of $90 billion. This plan includes paying off an additional $30 billion a year from our national debt and investing $20 billion a year for 10 years in infrastructure to grow our economy. In my budget reply, I explain how this will be achieved.

Transcript

This budget that we’ve just had delivered is a mockery of governance that seeks to make Australians reliant on government handouts, ensuring power is no longer vested in us, the people, but instead is vested in them, the bureaucracy. The world has been here many times before, and clearly Treasurer Chalmers has failed to study history. The more government borrows—$44 billion in this budget—the less private enterprise has available to invest and grow the economy for all who are here. And there are too many here: five million new arrivals in the last 10 years—five million. There have been 2½ million under this Labor government in just the last three years. This is the major reason for the cost-of-living and housing catastrophe. The more the government spends, the less is available for private enterprise to create real, productive jobs and the more reliant everyone becomes on the government. 

One Nation is offering the Australian people a comprehensive economic plan to restore wealth and opportunity for every Australian. One Nation will immediately return $40 billion into the pockets of everyday Australians, funded through savings of $90 billion, which will also enable us to pay off an additional $30 billion from our national debt and invest $20 billion a year for 10 years in the infrastructure to grow our economy. Here’s how we’ll be putting more money in people’s pockets—more money in your pocket. No. 1 is reducing electricity prices by 20 per cent to save $6 billion. Currently the system of priority dispatch turns coal-fired power stations off during the day to make room for solar and wind. Operating a coal plant this way causes damage which shows up in much higher maintenance costs and breakdowns, increasing the price of coal fired electricity. One Nation will turn priority dispatch around and run coal plants to at least 80 per cent capacity 24/7. We expect this power will be sold into the grid at around $55 per kilowatt hour, compared to the average price last quarter across all types of power of $120 per kilowatt hour. That’s less than half of what it has been. This should reduce power prices by 20 per cent immediately, and, over time, as we build new coal plants, it should cut power prices by 50 per cent. The government pays for the electricity it uses, so this will reduce the government’s electricity costs by $3 billion and save consumers and businesses $6 billion a year. That’s more money in your pocket. 

No. 2 is income splitting to save $8 billion. One Nation will introduce income splitting, allowing a couple with at least one dependent child to split their income between both partners. If there’s only one breadwinner earning the average wage, the family will save $9,500 a year in tax. That’s $9,500 that stays in your pocket. This measure will cost $8 billion a year, offset in part from tax on the resulting higher economic activity. And we expect more parents to be able to afford to stay home and mind their children, reducing government subsidised childcare. 

No. 3 is $13 billion a year in excise cuts. One Nation will cut the fuel excise by 26 cents a litre for three years and then review it to see if it continues. The ACCC monitor fuel prices daily, and I’m confident the reduction will be passed on to consumers. Fuel is an input cost right across the economy. Lowering fuel prices lowers commuting costs for consumers and transport costs across the economy, including for groceries, saving consumers and industry $8 billion a year. That’s more money in your pocket. We will remove the GST on insurance policies, saving consumers $3 billion a year. And we will remove the excise on alcohol sold in hospitality venues. This will save consumers more than $1 billion a year. That’s more money in your pocket. This policy is not about drinking; it’s about supporting hospitality venues and offering Australians a safe place to drink in a social environment—a community. 

No. 4 is increased funding for the ACCC. In February One Nation called for an increase in funding for the ACCC to enable a thorough investigation of supermarkets, airlines and insurance companies for profiteering and dishonest business practices. I note that Treasurer Chalmers tonight in the budget has required the ACCC to spend $38 million on policing supermarkets, which will be hard after he cut the ACCC’s budget by $48 million. One Nation will provide whatever it takes to investigate and prosecute illegal behaviour from supermarkets, airlines and insurance companies. Prices must come down, and profit margins should not be excessive in these essential industries. 

No. 5 is increasing Medicare funding by $3 billion a year. One Nation will prosecute fraud in the Medicare and PBS system, which the government knows is happening yet does not have the courage to solve. We will impose longer wait times before new arrivals can access Medicare and review drugs being offered under the PBS that received emergency-use authorisation during COVID. 

This $40 billion of more money in your pocket will be paid for with the following spending cuts to cut government waste. We will abolish net zero and climate change measures. One Nation will withdraw from the United Nations Framework Convention on Climate Change, the Kyoto protocol and the Paris Agreement. We will end net zero. We will abolish the department of climate change and their agencies, schemes and boondoggles. Existing solar and wind contracts will be honoured. No new subsidies will occur. Today’s budget reveals that the whole climate scam costs the government $35 billion a year. The cost to the private sector is anywhere from $1 trillion to $2 trillion depending on who’s doing the numbers. This is a massive cost on Australian households that One Nation will abolish. 

One Nation will return the NDIS to its original purpose, helping the severely disabled, and introduce means testing, saving $20 billion a year and improving care. 

We will withdraw from the World Health Organization and ban the World Economic Forum. For too long Australia has been held hostage to unelected, unaccountable, corrupt foreign bureaucrats at the World Health Organization and predatory billionaires operating their puppet organisation, the World Economic Forum. It’s a cabal which, during COVID, transferred $5 trillion from everyday citizens into their own pockets. One Nation will withdraw from the UN World Health Organization and will only provide cooperation where we believe it will assist in world health. We will withdraw from the World Economic Forum and the World Bank, saving around $1 billion a year in contributions, administration and in the costs of implementing policies such as One Health, which can only be described as anti-human.  

We will end mass immigration. There are 75,000 people in Australia illegally, right now, mostly with expired visas. One Nation will deport them all. There are 1.1 million people here with student related visas, which are students and their families, who can now accompany students. Australia only has 480,000 student places, so clearly there are people who are rorting the system, at our cost. One Nation will send home any student and their family who is not following the terms of their visa, which are to study and to complete their course. 

One Nation’s policy will initially result in a negative net immigration of 90,000 a year, meaning more people will leave than enter, because with around 220,000 departures a year we will only allow 130,000 people a year to enter. Ninety thousand more people will leave than enter. This will put downward pressure on the cost of housing and free up homes for Australians who are currently living in tents or who are underhoused. Unlike under Liberal and Labor policies, all people who enter will be skilled.  

Education is a state responsibility. Yet we have federal bureaucrats telling state bureaucrats telling regional bureaucrats telling headmasters telling teachers what to teach—too many mouths to feed along the way and harming educational outcomes. The Program for International Student Assessment, PISA, is an OECD program which assesses reading, mathematics and science literacy of 15-year-old students. Australia is not in the top 10 nations, and our latest ranking shows a score below the OECD average. We will abolish the federal Department of Education, including the Australian Curriculum, Assessment and Reporting Authority and NAPLAN, saving $2 billion a year, and return education to the states in accordance with the federal constitution.  

Last year the Allianz insurance company found Australian businesses were spending $27 billion on DEI and related mental health measures in 2024-25. While One Nation supports legitimate mental health concerns, there’s clearly a significant cost involved in DEI. If half of this $27 billion is for DEI, and the government is a quarter of that, then DEI is costing taxpayers $3 billion a year and adding $10 billion a year to the cost of goods and services in Australia. One Nation will abolish woke and bank these savings for taxpayers and the Australian public.  

Next, One Nation will end foreign multinational gas companies rorting the natural gas royalties. We will change from where royalties are levied from profits and switch to point of production—that makes perfect sense—and create a domestic gas reserve, raising up to a $13 billion a year from offshore sales.  

We will reduce foreign aid, saving $3 billion a year, with the remaining aid being targeted to those in need instead of being a slush fund for political influence.  

We will abolish the white and black Aboriginal industry. As already announced, we will replace the national Indigenous grants agency, the Aboriginal units across every department and agency and associated programs and boondoggles. We will replace that parasitic mess with direct grants and essential remote infrastructure based on need not race, saving $12½ billion and getting better care to the Aboriginals in the community.  

Taken together, these savings will total $90 billion a year, with $40 billion going back to taxpayers and $20 billion going to infrastructure, which I discussed this afternoon. One Nation’s plan is a real economic plan, designed to lower the cost of living while expanding the economy and restoring wealth and opportunity for all Australians. 

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