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Affordable housing

This Month

Anglicare North Coast CEO Mark McNamara on Wednesday.

Housing tenders run aground on election rocks

Partisan political housing arguments and slow implementation put at risk Australia’s first major effort in years to boost social and affordable housing.

February

Paul Oppenheim.

Plenary’s $1b Abu Dhabi deal boosts its housing firepower

After the sale of a 49pc stake to a Middle Eastern sovereign wealth fund, the developer wants to tap an expected upswing in residential development.

Sixty per cent of R3 zones across Sydney currently prohibit residential unit blocks of any scale.

The Sydney suburbs most affected by new higher-density housing rules

Council bans on apartments, terraces and townhouses to be overridden within 800 metres of 171 NSW suburbs.

Labor has moved to temporarily ban temporary residents from buying established homes.

Foreign residents barred from buying existing homes for two years

The new policy will mean people living temporarily in Australia, either for work or study, will be banned from purchasing existing houses until at least 2027.

January

Boosting the pipeline: AXA IM Australia head Antoine Mesnage, left, and CEFC CEO Ian Learmonth at the 397-unit Westmead project  in Sydney.

Residential development gets an $800 million new year kick

The latest chunk of money ploughed into the country’s chronic housing shortage shows Australian build-to-rent is now a mainstream sector for overseas capital.

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December 2024

An artist’s impression of a proposal to replace what developer Fortis calls an “ageing residential flat building” in Elizabeth Bay with high-end apartments.

Elizabeth Bay luxury tower development rejected

The Rolling Stones made a surprise appearance in a judgment backing residents in a fight with developer Fortis about housing needs.

CBA boss Matt Comyn, Macquarie CEO Shemara Wikramanayke and Wesfarmers CEO Rob Scott.

‘Australia is falling behind’: 55 CEOs demand election action

Top chief executives say the next federal government must make the nation’s crippling regulatory burden and housing supply top priorities.

November 2024

Nathan Dal Bon

Housing Australia’s Dal Bon goes from funding homes to building them

The inaugural head of Australia’s housing funding body has taken a new job with the ACT’s largest community housing provider.

Business Council round table discussion members, left to right. Lendlease chief executive Tony Lombardo, Stockland chief executive Tarun Gupta, BCA chief executive Bran Black and CBA Matt Comyn.

Construction workers should be 10pc of migration, big developers urge

That was one of the key messages from a housing roundtable that focused on how to remove roadblocks to increasing the supply of affordable houses

October 2024

Premier Jacinta Allan is seeking to boost supply and ease the housing crisis.

Australia is getting serious about the housing crisis

Young people, parents and grandparents should all have a stake in fixing arguably the No.1 economic and social challenge.

Victorian Treasurer Tim Pallas has confirmed foreign purchasers will be included in the state government’s temporary stamp duty concessions.

Stamp duty cuts in Victoria will apply for foreign buyers

Centre for Independent Studies chief economist Peter Tulip argues the Victorian Labor is doing more to improve housing affordability than the federal government. 

The Business Council of Australia want the federal government to stump up cash to enable states to speed up approvals, rezone land in high-demand areas, and replace stamp duty with land taxes.

BCA urges $10b housing fund as building target slips

The Business Council of Australia wants the federal government to stump up cash to help states fix the bottlenecks holding back housing development.

Opposition Leader Peter Dutton is making the election a housing fight.

Dutton raises housing stakes with $5b pledge to build 500k homes

Opposition leader says a government he leads would spend $5 billion on enabling infrastructure for housing, and ban changes to the national construction code for 10 years.

New homes in Wyndham Vale, on Melbourne’s fringe.

Name and shame plan to speed housing approvals won’t work, states say

Victoria, Queensland, WA and SA have rejected the idea of publishing the housing approval records of local authorities.

September 2024

Housing Minister Clare O’Neil.

HAFF tender to build just 700 homes this year

The first allocation from the $10b federal government fund for social and affordable housing gave little detail about how many new homes will be created.

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The Greens’ housing spokesman, Max Chandler-Mather, and Labor’s federal Housing Minister Clare O’Neil.

Senate showdowns loom over housing, RBA and the environment

The government says 13,700 affordable homes have been approved under the policies it has managed to legislate so far.

There’s no shortage of designs for new social and affordable housing. The $10b HAFF offers a new way to get over the funding hurdles.

Social housing offers 8-12pc infrastructure-like returns

As Australia grapples with how to channel institutional money into new housing, the $10b HAFF fund offers a way to invest that Australia hasn’t had before.

August 2024

Push to ban Cbus from housing affordability scheme because of CFMEU links

Senator Andrew Bragg says the move is needed to protect taxpayer funds from the lawbreaking union until it is out of administration.

Where you can afford to buy without breaking the 30pc rule

See how suburb-level affordability across Australia’s three biggest capital cities has changed over the past three decades.

July 2024

Max Chandler-Mather and Clare O’Neil.

Now it’s O’Neil v Chandler-Mather on housing

Clare O’Neil will take on selling the government’s housing agenda, which pollsters say has been drowned out by the Greens’ precocious spokesman Max Chandler-Mather.

Original URL: https://www.afr.com/topic/affordable-housing-jlp