Australian Treasurers agree housing affordability is a key priority

Federal Treasurer releases statement following Council on Federal Financial Relations meeting

Commonwealth, State and Territory Treasurers met in Canberra on Friday 24 March 2017 as the Council on Federal Financial Relations (CFFR) and agreed that addressing housing affordability is a key priority for Commonwealth, State and Territory Governments.

In a statement released following the meeting, the CFFR recognised that States and Territories are already undertaking a range of initiatives to improve housing supply and affordability, including work on policies to improve rental affordability for those on low-incomes. The statement also acknowledged the importance of Commonwealth funding to support the National Affordable Housing Agreement being invested more effectively to deliver these outcomes.

Beyond the work of the CFFR, Federal Treasurer Scott Morrison will present a lecture focusing on housing affordability, in particular the increasing pressures placed on social and affordable housing, in the lead up to this year's Commonwealth Budget.

The event is being hosted by AHURI on Monday, 10 April 2017. For those who wish to attend, please register at the AHURI website.