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.
This glossary is limited to terms and acronyms most used by Australian academics and governments.
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.
If you have any comments or feedback on this glossary, please contact us.
demand side assistance
Forms of housing assistance given to consumers, not providers, of housing to help them meet their housing requirements (e.g. Commonwealth Rent Assistance).
Also see supply side assistance
Government policies and programs that are directly focussed on boosting housing supply or demand, such as providing public housing or the First Home Owners Grant.
Also see indirect assistance
There are two reasons for someone, typically an older home owner, to downsize.
The current dwelling is too big. A majority of older Australians live in detached suburban dwellings of three or more bedrooms which are often regarded by policy-makers as under-utilised. Much urban policy is premised on the assumption that an ageing population will require more diverse (implying smaller) housing stock into which older people will (or should) downsize.
To release equity. Selling a dwelling and purchasing a less expensive dwelling to free up (liquidate) a proportion of the equity held in the original dwelling.