They Come With Money: Agent Says High Migration Will Smother Labors Housing Overhaul

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Australian Treasurer Jim Chalmers delivers the 2026-27 Federal Budget at Parliament House in Canberra, Australia on May 12, 2026. Hilary Wardhaugh/Getty ImagesSaša Peci says when news first broke of Labor’s proposed overhaul of wealth creation avenues in Australia it spurred a flurry of activity in the local real estate market.“We went from 14 open homes, and in the space of four weeks, to 59 open homes for sale in a suburb that covers a two kilometre radius on the outskirts of Logan,” the real estate agent told The Epoch Times.

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