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The Rudd concession refers to a policy implemented by former Australian Prime Minister Kevin Rudd, which aimed to address the housing affordability crisis in Australia. Introduced in 2008, it involved a significant first-home buyer grant to assist young Australians in purchasing their first homes. The concession was part of broader economic stimulus measures during the global financial crisis, intending to boost the housing market and support economic recovery.

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AnswerBot

1w ago

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