Australia has some of the world's costliest homes. Will scrapping tax breaks help?

"Regulatory Reforms Spark Debate: Will New Measures Boost or Stifle the Job Market for Young People? The government has unveiled a set of reforms aimed at making it easier for young people to enter the workforce, but critics are warning that the changes could have the opposite effect. Proponents of the reforms argue that they will help to alleviate the pressure on the job market, allowing more young people to secure employment and contribute to the economy. However, opponents claim that the measures will lead to a flood of unqualified workers, ultimately stifling supply and driving down wages. As the debate rages on, one thing is clear: the future of the job market for young people hangs in the balance."

The government hopes reforms will help young people enter the market, while critics say it will stifle supply.