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Anthony Albanese promises millions of Australians huge tax cuts

By Stephen Johnson, Nic White, and Charlie Moore for Daily Mail Australia 

Help for first home buyers

Labor will introduce a ‘Help to Buy’ scheme where the government would take a 40 per cent stake in up to 10,000 homes a year to help people earning less than $90,000 on to the property ladder.

Mr Albanese will also create a $10 billion Housing Australia Future Fund to build 30,000 new social and affordable housing properties in its first five years.

Childcare changes

One of Labor’s most significant policies is to increase childcare subsidies for all families earning less than $530,000.

‘We can write universal childcare into that proud tradition,’ Mr Albanese told supporters.

Mr Albanese would remove a cap that prevents families earning more than $189,390 from receiving more than $10,560 a…

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