National Shelter applauds the announcement by Opposition leader Anthony Albanese that Labor will establish an Australian Housing Future Fund to invest in social and affordable housing.
“Such a fund will create a pipeline of investment that can be built on to secure a steady growth in social and affordable housing.”
In housing terms, Budget 21/22 dangerously adds pressure to markets while ignoring real needs in social and affordable housing.
“It pretends to help those who it may hurt the most - low-income households - predominantly women.” To read the full media release, click here.
The latest release of the Rental Affordability Index (RAI) highlights that JobSeeker recipients are facing severe rental stress across the country. The RAI is an indicator of the price of rents relative to household incomes based on new rental agreements. It is released annually by National Shelter, Bendigo and Adelaide Bank, SGS Economics & Planning and the Brotherhood of St Laurence. To view the interactive map, click here. To view the full report, as well as the media releases
National Shelter congratulates the Victorian government on the announcement of a $5.1b social and affordable housing program! Read more in our media release.
According to National Shelter - Investment in much needed public and community housing has been overlooked in Budget 20/21 - an area of infrastructure investment that would have led quickly to jobs for tradespeople and houses for the growing lists of people who need them.
Australia’s peak housing and property groups have joined with the ACTU, ACOSS and Industry Super Australia to form a national alliance focused on increasing the provision of social and affordable housing across Australia. Investment in housing as part of a stimulus program as Australia navigates the economic impacts of the COVID-19 health pandemic is one critical way that governments can work with industry to help re-boot economic activity.
At this difficult time the Government’s emergency measures to support businesses and workers will bring much-needed relief to many Australians. Equally, it’s imperative that we plan now for a government-driven stimulus program to kickstart our country’s post-crisis recovery. This will be vital in getting people back into jobs fast, and also in enhancing building company confidence to retain workers.
Read more about SHARP here.
Media Release: Hobart Australia’s Most Unaffordable City for Renters; Across the Nation Individuals on Newstart are Struggling
Hobart remains the least affordable city to rent in Australia, followed by Adelaide which has overtaken Sydney as the second least affordable capital city, the latest release of the Rental Affordability Index (RAI) has found.
The RAI is an indicator of the price of rents relative to household incomes based on new rental agreements. It is released annually by National Shelter, Community Sector Banking, SGS Economics & Planning and the Brotherhood of St Laurence.
Rental affordability in some Australian cities, including Sydney,