Australia stepping up to the challenge
Nurses, ambulance workers, early childhood educators and construction workers are suffering the most as a result of the housing crisis, according to Anglicare Australia.
End in sight for rules that allow landlords to increase rent more than once a year - as long-awaited rules come before parliament.
Sydney experienced the steepest rise in house rents followed closely by Perth, which had the highest increases for unit rents.
Drastic measures are needed, as numerous surveys show the government’s Housing Accord is already lagging.
Property firms and policy makers are highlighting DA delays and the impact on construction projects, as analysis of the NSW Planning Department reveals seven councils where approval takes 215 days or longer.
Low apprenticeship numbers will worsen the nation’s housing crisis if action is not taken immediately.
Australia is building 15,000 fewer homes than needed each quarter to reach the 2029 target of 1.2 million new homes by 2029, data from the Australian Bureau of Statistics shows.
Scheme to allow 40,000 first-home buyers to access cheaper deposits through a shared equity scheme with the federal government - being able to put down a deposit of as little as two per cent - is back before Parliament.
Master Builders Australia says new Australian Bureau of Statistics data for the month of August revealing a 6.1 per cent decline in the total number of new home building approvals is cause for alarm.
Rental growth is starting to ease after four years of runaway rises and prices climbing more than by 40 per cent, according to analysis by both Domain and PropTrack.
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