Anthony Albanese faced an uphill battle to pass key parts of his agenda in the final sitting week of the year and possibly the final sitting days before the next election. Then came the Greens’ dramatic capitulation on the housing bill on Monday. This is a big victory for the Prime Minister.

Housing affordability will be the key political issue heading into the federal election. It is at the epicenter of the cost-of-living debate, the driving force behind increasingly harsh rhetoric on immigration and an example of the country’s declining productivity.

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