Australia stepping up to the challenge
A reform Western Australia’s tenancy bonds process means renters will no longer have to go to court to get their bond back if the landlord withhold payment.
Rising interest rates and living cost pressures mean it will be a tough year for the housing market, and even more so for renters.
The latest home loan interest rate hike has applied even more pressure to homeowners and would-be buyers. The goal of getting into the market is even harder now, none more so than in Western Australia.
Cutting migration is often touted as the solution to improving Australia's housing crisis but researchers say there are more effective ways to fix the problem.
Falling building approvals have put the government further behind its housing supply targets, as Labor weighs up tax changes to ease affordability.
Buyers are turning to regional Australia for housing affordability, but little relief can be found in some of the fastest-growing areas outside the cities.
A new apprenticeship scheme could soon help bring construction costs down, but another key factor has been identified as the biggest impediment to new housing.
Angus Taylor has put housing front and centre of his priorities as the newest leader of the federal Liberal Party.
Despite predictions that a five per cent deposit scheme will drive up house prices, analysts say the government policy could be good news for the nation's renters.
Funding support for crucial roads, paths and drains could pave the way for more homes as the regions buckle under the weight of the housing crisis.
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