Australia's housing crisis is a perfect storm of issues that requires a reset of the housing debate which so far has not been able to happen in the poisonous political competition of 2024.
Australia's housing crisis is a perfect storm of issues that requires a reset of the housing debate which so far has not been able to happen in the poisonous political competition of 2024.If you ever want to make a Greens parliamentarian bristle, just mention the carbon pollution reduction scheme.
"Here's the answer: We voted against the CPRS because it was bad policy that would have locked in failure to take action on climate change."The Greens were accused of holding the government to ransom on housing legislation but Adam Bandt says his party won't back down. And it's not as if the Coalition hasn't tried a few similar things, either. Coalition governments in several states have set up home equity schemes. The Morrison government had a First Home Loan Deposit scheme under which the government guaranteed part of the deposit for a home for single parents.a few months ago, the Coalition senators' dissenting report concluded it was "not a home ownership policy, it's a home nationalisation policy".
Labor senators accuse the Coalition and Greens of using "procedural tricks" to avoid being forced to formally record their opposition to the Help to Buy initiative. "We have really welcomed the focus of both the Commonwealth and a number of the state governments on supply and particularly the emphasis on reforming planning systems to build more houses close to jobs, close to amenities. That's going to be critically important for bringing prices down and for bringing broader productivity and social benefits.
Productivity Commission chair Danielle Wood says Australia didn't get into the housing crisis quickly and won't get out of it quickly.In other words, on the migration settings that existed for the past decade we would have ended up at this supply crunch point with or without COVID.
Greens Housing Policy Housing Crisis Adam Bandt Danielle Wood Productivity Commission Pandemic Housing Supply Rental Crisis Laura Tingle
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