"The housing affordability crisis brings into clear contrast the view of the Labor Party. Labor has stated the premise of the housing affordability crisis as one of not allowing you to buy a house but allowing a big unions and big business to build flats and rent you one. It is almost perverse to believe that Labor's solution is a superannuated slum.

"I don't think anyone reading this has a grand aspiration of spending the rest of their life throwing their hard earned dollars into the rental bin. The question I ask is 'How many people in the Labor Party rent public housing flats? And, if you don’t live in them, what makes you think other people want to?'

"Public housing is the safety net at the bottom of the social structure. You need a social parachute but you can't fly to heaven on it. The more people who go out of rental into their own home, the more the pressure comes off the rental market. This policy is a tax break/incentive for big unions and big business which gains its premium out of the Australian citizen renting for life.

"Mr Rudd has brought together a strange marriage of big business and big unions and I would love to have been present at the workshop which concocted this idea.

"In Labor's policy they have not talked to the individual about one of the most fundamental aspirations of every Australian which is owning your own house. Why would you give a tax break to big unions and big business and ignore the aspiration to own your own house, to have a property stake in your nation? I don't think anybody is going to be bubbling over when they find themselves with a new owner of their old rental flat.

"In a public private partnership, they've ignored the most intrinsic section of private, that is, the individual. The solution to the housing crisis comes about from allowing more people to own or build their own home; to have a stake in their own nation; to have the security that 'you can't kick me out because I own this'; to have the security that when you retire you own the asset you sleep in.

"I believe strongly the Coalition, in the coming period, will deal with the issue of allowing Australians to own Australia, not rent it.