Praise for housing affordability strategy

Adam Smith 17 June 2016

house handshakeA housing group has welcomed a promise to create a national strategy to address housing affordability.

The Labor Party has committed to the development of a National Affordable Housing Strategy, and to reestablish the National Housing Supply Council. The move has drawn praise from the Housing Industry Association (HIA).

“The appointment of a Minister for Housing and Homelessness and placing housing affordability as a standing item on the Council of Australian Government’s agenda will ensure that our housing supply and housing affordability challenges remain a national priority,” HIA CEO of industry policy and media Graham Wolfe said.

In addition to appointing a Minister for Housing and Homelessness, the Labor Party has pledged to investigate the development of national rental standards and agree with the States and Territories on national targets to increase the supply of affordable housing.

Wolfe said a Labor government’s proposed Minister for Housing and Homelessness would need to make policy decisions that took into account the impact on housing supply and affordability.

“Housing affordability and adequate housing supply are critical national challenges for all Australians whether they own a house, are purchasing a house or renting a home, and HIA looks forward to the release of the Coalition’s Housing Supply and Housing Affordability commitments,” Wolfe said.

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