Newly promoted Liberal MP Michael Sukkar concedes there are "no silver bullets" in solving Australia's housing affordability problem, but has promised the federal government will take a multi-faceted approach to it this year.
Mr Sukkar was sworn-in as assistant minister to the treasurer on Tuesday in Prime Minister Malcolm Turnbull's latest ministerial shake-up and given housing affordability as his key task, as a new report showed Sydney housing the least affordable in the world behind Hong Kong and Melbourne sixth.
"(There will be a) multi-faceted approach that pulls the levers we can and it assists the state governments pull the levers that they can," the Victorian MP told Sky News.
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