
Housing Crisis in SA Election Spotlight
About this episode
Housing Affordability: A Major Election Issue in South Australia
South Australias upcoming 2026 state election is shaping up to be a battleground for housing affordability. Both Labor and the Liberals are proposing policies to tackle the crisis, including stamp duty breaks for first home buyers and downsizers, as well as training programs to boost tradies and speed up construction. Labor aims to deliver 13,500 new homes each year, while the opposition focuses on easing demand without a hard build target.
Adelaides property market is heating up fast, with the median sale price hitting $925,000 last December and on track to top $1 million soon. Entry-level houses jumped 20% in the past year to $720,000, driven by high demand and tight supply.
First home buyers like Jarrad Powell and Kyah Macnab say saving for a deposit feels nearly impossible without living at home with parents. Theyre buying land in a government development but wont move in until mid-2028 due to delays in land titling and building.
Both parties are pitching downsizer incentives to free up family homes—Labor waives stamp duty for those 60 and older on new builds up to $2 million, while Liberals offer a $15,000 concession for over 55s on homes under $1.2 million. Officials blame past infrastructure shortfalls, but Labor claims the biggest postwar land release since 2022.
Experts like housing economist Chris Leishman say no one policy will fix it all, but combined efforts could help. Labor plans a Housing Roadmap in mid-year with reforms to cut land division times, and both sides hint at more announcements to win over voters hit hard by the crunch.
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Adelaide News Today | 2 Min News | The Daily News Now! — Housing Crisis in SA Election Spotlight. Machine-transcribed; use the interactive transcript above to jump the player to any line.
It's March 1st in Adelaide, let's get into the news. Housing affordability is shaping up as a major battleground in South Australia's upcoming 2026 state election. Both labor and the Liberals are rolling out policies to tackle the crisis, including stamp duty breaks for first home buyers and downsisers, plus training programs to boost tradies and speed up construction. Labor aims to deliver 13,500 new homes each year, while the opposition focuses on easing demand without a hard bill target. Adelaide's property market is heating up fast, with a median sale price hitting $925,000 last December and on track. To top 1 million soon, entry-level houses jumped 20% in the past year to $720,000, driven by high demand and tight supply. First home buyers like Gerard Powell and Kia McNev say saving for a deposit feels nearly impossible without living at home with parents. They're buying land in a government development, but won't move in until mid-2028, due to the
lays in land titling and building. Both parties are pitching downsisers incentives to free up family homes. Labor waves stamp duty for those 60 and older on new builds up to 2 million dollars, while Liberals offer a $15,000 concession for over 55s on homes under 1.2 million. Officials blame past infrastructure shortfalls, but labor claims the biggest post-war land release since 2022. Experts like housing economists Chris Leishman say no one policy will fix it all, but combined efforts could help. Labor plans a housing road map two mid-year, with reforms to cut land division times, and both sides hint at more announcements to win over voters hit, hard by the crunch. We'd like to thank our sponsor for making this episode possible. Do not just fall asleep, drift into what you are listening to, S-O-L-I-SOL-PILO.com.
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