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May 8, 2012

No ‘fair go’ for housing in Budget

Tonight’s budget is full of disappointment for households struggling to get into the housing market and those trying to keep a roof over their heads said Australians for Affordable Housing.

“Wayne Swan’s budget might be back in black, but with no new spending on housing initiatives, the one in ten families who are in housing stress will remain in the red as they try to make the rent or mortgage each week” said Australians for Affordable Housing Campaign Manager Sarah Toohey.

“With no new money invested in social housing in this budget, the system will continue to decline, leaving almost 250,000 households languishing on public housing waiting lists”.

“With no increase in the rate of Commonwealth Rent Assistance, over 450,000 renters in housing stress will have less to spend on food, clothes, transport and the other basics of life”.

“Failure to tackle the negative gearing and Capital Gains Tax breaks that drive up house prices means thousands of young Australians don’t get a fair go in the housing market”.

“Housing is the single biggest household expense. For families to get a fair go, the Government needs to fix our broken housing system”

Australians for Affordable Housing is a coalition of national housing, welfare and community sector organisations working to highlight the problem of housing affordability in Australia. For more information visit www.housingstressed.org.au

Media contact: Sarah Toohey, 0427 563 989. Follow AAH on Facebook at www.facebook.com/housingstressed and Twitter: @housingstressed

  • Amelinixon

    As expected, when has this or any other government ever cared about renters or people trying to obtain a home so that they and their children are not forced to live a nomadic lifestyle. When was the last time that a politician actually even said anything remotely addressed to the underclass, i.e. none homeowners.
    When a political party starts to talk openly about equal access to homes then they will be talking about the health of the nation and not the hip pockets of some and I will vote for them

  • This situation is ABSOLUTELY DISGUSTING!!

  • Tony

    After the second world war, Australia had strict controls on House prices and rents … Here in Victoria Jeff Kennett removed all controls on rental prices in the 1990’s !!!. Strangely in the 30 odd years I have been renting, rents have only gone up, never down !!. Housing costs reached crisis point years ago … Politicians know about the problem but their scared of the backlash from investors if they try to control the obsene profitering that’s currently happening !!.

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