New analysis today by ACOSS shows property investors are buying almost twice as many homes as first-home buyers, thanks to government tax breaks.
The analysis shows that the average property investor loan is around $100,000 larger than the average loan taken out by a first-home buyer, which guarantees investors a leg up at auctions.
Additionally, property investor tax breaks are mostly helping high-income earners, with 59% of the benefits of negative gearing and the CGT discount for investment property flowing to the top 10%.
The Greens say Labor's tax breaks are directly responsible for investor advantage and have effectively created an investor playground that leaves first-home buyers behind.
As stated by Greens spokesperson for finance, housing and homelessness Senator Barbara Pocock:
"Australia's housing market has become an investor's playground.
"Every time you crunch the numbers it gets worse and worse and that's because of Labor.
"It's no wonder that property investors bought twice as many homes as first-home buyers in the most recent December 2025 quarter.
"Labor's tax breaks are directly responsible for investor advantage, giving first-home buyers no chance at auctions.
"It's shameful that in the midst of a housing crisis, property investors get to treat the housing market like a game of monopoly, while first-home buyers and renters sigh in disbelief.
"The CGT discount and negative gearing are pushing up house prices, leaving renters and first-home buyers behind.
"Labor cares more about rewarding property investors with tax breaks than it does about building good quality homes at prices people can actually afford to rent or buy.
"The government must scrap the tax breaks for wealthy property investors. Labor has an opportunity to fix the housing crisis - but if they keep dodging real reform, they'll lock a whole generation out of ever owning a home."
