Property Summit: AMP's Shane Oliver says housing supply demand
Australia’s immigration targets should match the country’s ability to supply housing, which would “mean a cut”, the AMP chief economist says.
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Australia’s immigration targets should match the country’s ability to supply housing, which would “mean a cut”, the AMP chief economist says.
The slow pace of housing development requires faster co-ordinated action by governments, especially after the blocking of Labor’s housing fund bill in the Senate.
The head of the federal government’s housing agency says a sizeable subsidised housing sector could support a development sector facing a shrinking pipeline.
The Home Guarantee Scheme has now helped 100,000 Australians purchase or build their own home since the it commenced over three years ago.
A $22.6m residential complex has opened to tackle Brisbane’s dire social housing crisis with 42 two-bedroom apartments now available for single parents and jobseekers 5km from the CBD.