A ‘Leased’ sign is seen near an apartment block in Canberra, Friday, April 12, 2024. NO ARCHIVINGThe National Housing Supply and Affordability Council has released their first report, which exposes the depths of the crisis engulfing Australia's housing system. It's found that the government is unlikely to meet its ambitious new homes target. SBS has spoken to experts who say more needs to be done to stimulate construction and protect the most vulnerable.
Denita Wawn is C-E-O of Master Builders Australia, the organisation representing the construction industry. The report has predicted that by the 2028/29 financial year, Australia will still be 39,000 dwellings short. "On basically every measure Labor is catastrophically failing: the lowest proportion of public housing on record, the highest costs on housing for households on record. We have got a devastating housing crisis and our housing system in Australia is fundamentally broken."
Low-income earners, young people, those with disabilities, First Nations Australians and people fleeing domestic and family violence have been hit hardest by the affordability crisis.But Haitham Subhi, from Settlement Services International, says that's not the answer.An Essential Research poll conducted for the group has found more than a quarter had been forced to leave a property due to rising housing costs in the past year.
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