The changes are open for consultation from tomorrow.

Paula Bennett described Parliament as a ‘cesspit of bullying and nastiness’.

Emergency services arrived at the scene about 4pm.

A nine-year-old boy has died after he was accidentally shot at a property near Goulburn in southern NSW.

Emergency services were called to a property in Windellama just after 11am following reports of a shooting.

Officers were told a 9-year-old boy had been injured after the accidental discharge of a firearm.

He was treated for serious neck injuries by paramedics but died at the scene.

Police have commenced an investigation into the cause of the incident.

One player walked away with $1 million after winning the First Division draw.

He sought compassionate bail, claiming his godmother had died – she didn’t exist.

The federal government pledged to give every single first homebuyer in Australia the chance to afford a house with a five per cent deposit ahead of the party's campaign launch today.

In a plan to tackle the housing crisis, Labor vowed to cut out Lenders Mortgage Insurance (LMI) for first-time buyers and expand an income and price-capped program to make smaller deposits a universal option if re-elected.

After the Coalition made a barrage of cost-of-living announcements aimed at easing pressure on mortgage holders and helping Australians buy their first home, it's expected Labor will dial up the economic pressure with their own sweeping policies.

Watch the Labor party launch their election campaign above

READ MORE: Dutton promises $12k mortgage relief for one group of Aussies

Five per cent deposits for first homebuyers

Labor's proposed plan would raise the price cap for properties eligible under this existing scheme to include higher-priced homes in places like Sydney and Melbourne and will scrap the income test.

In Sydney, the property price limit would be raised from $900,000 to $1.5 million and in Melbourne, the limit changes from $800,000 to $950,000.

READ MORE: Single mum left $30k out of pocket after developer pulls the pin

If re-elected, PM Anthony Albanese said it would allow a Sydneysider to buy a $1 million apartment with a $50,000 deposit or a Queenslander to buy a $850,000 property with just $42,000.

The government expects this will save Australians an average of $23,000 on Lenders Mortgage Insurance and cuts the time needed to save for a deposit.

The federal government also said it will invest $10 billion into building 100,000 homes reserved for first homebuyers to address the housing shortage.

READ MORE: Bondi Junction stabbing survivor living with 'mental trauma' one year on

This package will include $2 billion in grants and $8 billion in zero-interest loans or equity investments.

"I want to help young people and first homebuyers achieve the dream of home ownership," Albanese said today.

"When a young person saves a 5 per cent deposit, my government will guarantee the rest with their bank."

If re-elected, these changes would be put in place from January 1, 2026.

Minister for Housing Clare O'Neil said this plan will ensure young Australians are no longer "bearing the brunt of the housing crisis".

"We want to help young Australians pay off their own mortgage, not someone else's," O'Neil said.

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An investigation is under way after a man was shot in Melbourne's CBD early this morning.

Police were approached by a man with a gunshot wound on Collins Street at around 6.30am today.

The man, aged 20, was taken to hospital where he was treated for non-life threatening injuries.

READ MORE: 'Unimaginable grief': One year ago, six were killed in a 'senseless' attack

READ MORE: Labor promises five per cent deposits for all first homebuyers

A crime scene has been established at Collins Street as police probe the incident.

Police said a dark-coloured Ford Territory was seen driving towards officers on Collins Street, but fled the scene after one officer drew a gun.

"Police were then approached by the victim, who had sustained a gunshot wound," a spokesperson for Victoria Police said.

Police believe both parties are known to each other however circumstances surrounding the shooting remain unknown.

No arrests have been made and an investigation is ongoing.

Anyone who witnessed the incident, has footage or any other information is urged to contact Crime Stoppers on 1800 333 000.

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Scene examinations continue at two locations as part of the inquiries.

Police, a rescue helicopter and St John are also involved.