Australia stepping up to the challenge
House prices could surge and mortgage defaults rise when a government scheme to help first home buyers begins ahead of schedule, experts warn.
In a decision that "won't be met by universal happiness" the first new train station in a decade will sit next to Australia's most expensive housing market.
A federal program allowing just a five per cent deposit for people to get their first home has been brought forward by three months.
Property Council, Master Builders Australia and the Housing Industry Association all back government moves to address National Accord backlog.
Australia's regions are facing a worsening housing shortage, with typical country houses part of the complex problem, a report has found.
Aussie couples without kids and people living alone make up the majority of households but property data reveals housing stock is built for bigger families.
Industry association PrefAUS has ambitious targets of 30 per cent of all construction by 2033 - and wants to be a big player at the Brisbane Olympics.
Economists say scrapping the property purchase tax should be high on the agenda on the back of the government's Productivity Roundtable.
Australians have been told the housing crisis can't be solved in one fell swoop as brand new inner-city homes are opened for people on low incomes.
In a bid to meet its target of building 800,000 homes over the next decade, Victoria has announced new housing laws designed to speed up approvals.
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