Glossary

Purpose
The purpose of this glossary is to define terms commonly used in our research. It is a reference to familiarise you with housing-specific terms in our publications and on our website.

Scope
This glossary is limited to terms and acronyms most used by Australian academics and governments.

Format
All entries are listed in alphabetical order, including acronyms (which are cross-referenced with their corresponding definition.) Click on the appropriate letter to see listing.

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A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

C

Commonwealth Rent Assistance (CRA)

A non-taxable Commonwealth Government supplementary payment added on to the benefit or family payment of people who rent in the private rental market above applicable rent thresholds.

capital gains tax (CGT)

Applies to the capital gain made on disposal of any asset, except for specific exemptions. A significant exemption is the family home. CGT operates by having net gains treated as taxable income in the tax year an asset is sold or otherwise disposed of. If an asset is held for more than one year, then any nominal gain is first discounted by 50.0 per cent for individual taxpayers, or by 33.3 per cent for superannuation funds.

community housing

Housing that is managed and sometimes owned by a not-for-profit organisation.

Also see public housing