Social Impact Investments (SII), which fund solutions to complex social problems including housing and homelessness policy, were worth an estimated A$2 billion in 2013 and could grow to as much as A$32 billion in the 2020s.
New AHURI research, ‘Modelling housing need in Australia to 2025’, has developed a model to estimate housing need in Australia over the next decade.
The number of households eligible to receive Commonwealth Rent Assistance (CRA) is estimated to rise from 952,000 in 2011 to 1.5 million in 2031, a 61 per cent increase, new AHURI research has found.
With memories of the circumstances that led to the GFC, it might seem that current investors would be interested in reducing their debt and financial risks. However AHURI research reveals that property investors with mortgage debt increased their consumption (that is the amount they borrowed or spent) after the GFC suggesting such investors are not as risk-averse as other homeowners.
Australia’s Commonwealth, State and Territory Housing and Homelessness Ministers met in Adelaide recently to discuss a range of issues, including affordable housing; the new housing and homelessness agreement in the Commonwealth Government’s 2017–18 Budget; and remote housing.