News

The National Cabinet meeting of the Federal, State and Territory Governments in Brisbane on 16 August agreed on a number of ways to further improve Australia’s housing supply and to support renters. These measures are well targeted to improve Australia's housing outcomes.

Over the last 20 years, housing options for older Australians on lower incomes have been getting worse with home ownership rates falling, more people carrying their mortgage debt into retirement and reduced access to social housing.

The home ownership rate of first home buyers born in the late 1980s is significantly less than was the case for first homebuyers born in previous decades, and even after 20 years, the rate of ownership is still only 75 per cent of the rate earlier decades, new AHURI research has revealed.

As the construction sector produces about 18 per cent of Australia’s greenhouse gas emissions, coming up with an overarching strategy that will reduce this impact is vital. A new AHURI Inquiry final report, Informing a strategy for circular economy housing in Australia, brings together a wealth of information needed to build an effective and efficient circular economy (CE) for the Australian housing industry: from construction, through operation to demolition and recycling of used building materials.

The recently announced Social Housing Accelerator is designed to rapidly fund new social housing supply, providing $2 Billion in funding to states and territories, intended as a bridge until the Housing Australia Future Fund (HAFF) proceeds begin to be realised.