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Housing Affordability in Australia is in Crisis

Treasurer Scott Morrison warns that there is no 'silver bullet' to improve affordability in the short term

Treasurer Scott Morrison warns that there is no 'silver bullet' to improve affordability in the short term Source: AAP

State and federal governments are promising action to make housing more affordable


Public anxiety about housing affordability is at an all-time high.

Can the federal budget help those on low incomes, refugees and recent arrivals who are on public housing waiting lists?

Poll after poll reveals that the cost of housing is one of the most pressing challenges confronting the Australian community.

Hundreds of thousands of households are in a housing stress - when they pay more than thirty per cent of their gross income on their housing cost, whether they're renting or owning.

CEO of NSW Council of Social Service Tracy Howe says we're looking at a crisis.


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