Budget plan is best for home buyers: PM

Prime Minister Tony Abbott says Treasurer Joe Hockey has done the best thing possible for would-be home owners by bringing down a good budget.

Federal Treasurer Joe Hockey and Australian Prime Minister Tony Abbott

PM Tony Abbott says Treasurer Joe Hockey is just trying his best to keep the economy on track. (AAP) Source: AAP

Tony Abbott is standing by his treasurer, saying Joe Hockey is just trying his best to do the right thing by Australians and keep the economy on track.

The prime minister disagreed with suggestions Mr Hockey had made another gaffe with his advice to would-be first home buyers that they just needed "a good job that pays good money".

Mr Hockey's "outstandingly" good budget had been the best possible thing he could have done for home buyers because it had lifted confidence, he told reporters in western Sydney.


Share

1 min read

Published

Updated

Source: AAP


Share this with family and friends


Get SBS News daily and direct to your Inbox

Sign up now for the latest news from Australia and around the world direct to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Download our apps
SBS News
SBS Audio
SBS On Demand

Listen to our podcasts
An overview of the day's top stories from SBS News
Interviews and feature reports from SBS News
Your daily ten minute finance and business news wrap with SBS Finance Editor Ricardo Gonçalves.
A daily five minute news wrap for English learners and people with disability
Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS
SBS World News

SBS World News

Take a global view with Australia's most comprehensive world news service
Watch the latest news videos from Australia and across the world