Policymakers often talk about “social and affordable housing”,and ways to boost supply of it. These terms are sometimes used interchangeably but they are,in fact,quite different.
Every Christmas Day,this Fitzroy organisation provides people experiencing homelessness with everything from a three-course lunch to presents to hot showers.
Solving the state’s housing crisis is the NSW premier’s Everest. The solution will require him overcoming problems that undid the previous government.
Proposed affordable housing quotas will be scaled back to 10 per cent for smaller apartment projects under amendments to the signature policy.
Australia’s high level of household borrowing could pose risks to the economy as late payments tick up according to the country’s financial regulators.
Some of the hardest-hit areas will be in regional NSW and Victoria,where major road works will struggle due to the lack of workers.
The NSW Advocate for Children and Young People says the impact of cost of living pressures on youth is not being taken seriously by governments.
Overseas buyers will face a tripling in fees to buy an established home in Australia and will be further penalised if their property is left vacant and not rented,under a government plan to tighten foreign investment laws.
The income needed to afford a typical house has soared by tens of thousands of dollars since interest rate rises began – but home buyers have found a workaround.
A warehouse and a pet shop were seemingly the only things in the way of a 10-storey development. Then the neighbours found out.
Councils in Melbourne’s fastest-growing suburbs have been hit with $100 million in rates arrears.