Residential construction companies in Australia have been toppling like dominoes, and this has left many depositors in a very difficult financial position.
The strategy’s core mission should be to ensure everyone in Australia has adequate housing. That requires 950,000 social and affordable rental dwellings to be built by 2041, dwarfing current targets.
The pledge to build 30,000 homes over the next five years exposes the government's inaction, but it's still only a fraction of the number Australians need.
Housing policymaking hasn’t gone smoothly since Tony Abbott sidelined the experts by scrapping the National Housing Supply Council in 2013, write Hal Pawson and Oliver Frankel.
US GDP data points to a US rate rise in December, and Australia's housing affordability problem won't be helped by current declining building approvals, writes Richard Holden.
The community needs affordable housing and that requires meaningful targets for new developments. The only ones who will lose out are landholders who make windfall profits from rezoning.
