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Glossary

Smart cities

Cities that make use of digital information and communication technologies while reshaping the urban fabric. Smart cities acquire appropriate data about a particular built or natural environment and use that data effectively to understand and, if appropriate, control what is happening in that place.

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Glossary

Social Housing

Social housing is government-subsidised short and long-term rental housing for people on low incomes, and who often have experienced homelessness, family violence or have other special needs. Social housing is made up of two types of housing: public housing, which is owned and managed by State and Territory Governments, and community housing, which is managed and often owned by not-for-profit organisations. In the housing market continuum, social housing sits between emergency accommodation and private rental.

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Glossary

Social impact bonds

A form of investment product that finances provision of key basic services. Social impact bonds are targeted at investors seeking appropriate risk-adjusted returns while also achieving valuable social outcomes.

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Glossary

Social mix/Tenure mix

Tenure mix refers to the mix of housing tenures in a particular location. The idea underpinning tenure mix policies is that a diversity of tenure types in a given area will engender socio-economic diversity that will reduce the area effects of concentrated disadvantage and engender social inclusion.

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