The federal government has now approved grants for the construction of thousands of rent-capped and social homes, which is supported by its $10 billion housing fund established one year ago.
This article was written for Fair Go For Pensioners by its Victorian President Joe Montero
While Australian policy makers continue to pretend the nation’s housing woes are about the lack of properties to satisfy the market demand for them, real life has a way to prick the illusion. Cities like Melbourne, Hobart ad Darwin recorded falls over the last month. In the longer-term, the rate of rise has been shrinking, not hugely, but it’s definitely there. Continue reading The rise in corporate monopoly power is a big factor the housing cost crisis→
Melbourne’s high rise public housing tenants are fighting the Victorin government’s plan to forcefully demolish their homes. There has been no consultation, and most of them, 20,000 out of 30,000 will be thrown out into the high costs public housing market.
Some will be offered places in newly defined “affordable housing,” where the rents are set at up to 70 percent of market rent. Public housing residents will still be put into much worse position by losing the 25 percent of income rent they now have. They will be excluded from the high-cost inner suburbs where many ow live. Continue reading Plan to destroy public housing is being fought by residents→
Saying that its in the interests of most people for something rea l to be done to fix the cost of housing crisis is a no brainer. So, we must ask why so much effort is being spent by big media pitting younger against older Australians? The answer is obvious. Big media is more interested in advertising making money from the property industry, and politicians love whatever takes the attention of their failure and the opportunity to apply divide and rule. Continue reading The cost of housing crisis is still here and waiting for an answer→
I am disturbed to hear that the Albanese federal government continues to pretend it is doing something about creating affordable housing, while doing the opposite. If there is one thing confirming this, it is he shift to reviving the Shared Equity Scheme. This is where prospective homebuyers get to have a portion of their mortgage paid by the government, up to 40 percent, in exchange for ownership of a percentage of the property. Continue reading Labor’s response to the high cost of housing is a disappointment→
An essential poll has just revealed that three quarters of Australia believes that rents should be capped or frozen until economic conditions improve. This stands at odds with the political elite of the major parties, which remain locked into refusing to countenance any move that will interfere with the bottom line of the real estate industry and landlords. Continue reading Australia wants the government to bring in rent control→
“People know something’s wrong. They know something’s wrong in their society when we have Commonwealth Bank recording over $10bn in profit while ordinary Australians are struggling to put a roof over their head.” These words were said by Zach Smith, construction division national secretary of the CFMMEU. Continue reading Call for a super profits tax to provide affordable housing is gaining support→
One of Australia’s biggest unions. The Construction Forestry Mining Maritime and Energy Union (CFMMEU) is launching a push for a major rise in government investment on affordable housing. The union’s national secretary Zach smith says this is necessary to take on the housing crisis that so many are facing in his country. Continue reading Call for a super profit tax to create affordable housing is on the mark→
Being able to afford a home to provide for housing needs is an important part of living a quality life. In fact, a decent home to live in should be treated as fundamental human right. If was to be treated this way in Australia, the government would act to ensure this right was met, and what it had to do to achieve this end would be a no brainer. Continue reading It is time to get serious about the housing affordability crisis→
The call by Brendan Coates, the economic policy director at the Grattan Institute, for concrete measures to address the housing crisis is timely and should be taken up. The cost of housing is the single biggest factor behind a lowering of living standards across Australia. There is no chance of a better tomorrow without overcoming this crisis. Continue reading Creating housing affordability means proper funding of housing alternatives→
Official site of the May Day Committee (Malbourne)
