A report released as part of the UNSW-ACOSS Poverty and Inequality Partnership, and supported by Mission Australia, National Shelter and Queensland Shelter, looks at the domains of rental housing and homelessness and how they have been impacted by COVID-19.
National Shelter has released its Budget Submission for 2021/22; in it we welcome the Federal Government’s consolidation of housing responsibilities into a single Housing Minister - The Hon Michael Sukkar MP, and we look forward to an opportunity to meet the Minister to outline our submission in the near future and discuss the need for federal investment. The principal asks remain:
- Federal support for the SHARP proposal and the Housing Booster (affordable housing supply subsidy) project
- The need for tax
National Shelter urges the government and all parties to commit to a national plan and strategy to address affordable housing in Australia and enable governments, the private and community sectors to work together to solve the current affordable housing crisis. The shortage of housing for low and moderateincome households acts as a brake on productivity and inhibits the economic and social participation of households without access to appropriate, well located, affordable, secure and accessible housing.
Read the full response 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
The 29-year run of GDP growth in Australia has now ended with the 2020 recession. While much of the growth run was driven initially by productivity gains and micro and macroeconomic reforms, over the past decade it’s been driven more by population growth. This is significant for housing because our house price inflation, high prices, rental pressure and housing stress is partly a function of population growth.
Read the full National Shelter Budget Analysis here.