News
1.3 million Australian households need housing help
New AHURI research, ‘Modelling housing need in Australia to 2025’, has developed a model to estimate housing need in Australia over the next decade.
As home ownership rates fall, government will need to pay more to assist renters
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.
Do rising house prices lead to risky borrowing?
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.
Housing and Homelessness Ministers meet in Adelaide
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.
Homeowners stay unemployed for longer
A new AHURI study has found that people who own or are paying off their home move less often than people who are renting privately, and this reduced mobility reduces their ability to respond to adverse labour market shocks (such as being made redundant) and may lead to higher rates of unemployment.