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Government to target housing crisis

Housing crisis
Housing crisis Source: AAP Image/Dean Lewins

Federal Treasurer will attempt to address booming Australian house prices by pushing State Governments to release more land, and remove prohibitive regulations to encourage building. Addressing the Urban Development Institute of Australia today, Mr Morrison admitted Australias housing market is getting away from people.No matter how hard they work or save or even earn, they are finding it harder and harder to get into the market, he said.More from Themis Kallos and Sotiris Hatzimanolis.


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Federal Treasurer will attempt to address booming Australian house prices by pushing State Governments to release more land, and remove prohibitive regulations to encourage building. Addressing the Urban Development Institute of Australia today, Mr Morrison admitted Australias housing market is getting away from people.No matter how hard they work or save or even earn, they are finding it harder and harder to get into the market, he said.More from Themis Kallos and Sotiris Hatzimanolis.


 


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