Affordable Housing Working Group
The Working Group acknowledges that there are few issues more important to ensuring the welfare of Australians than housing. From a social perspective, housing provides a stable base from which Australians can participate in their communities.
Housing assists with family formation and security in retirement and promotes and improves employment, educational, and health outcomes. From an economic perspective, housing has a significant impact on investment, productivity, and participation, as well as consumption and saving trends across the economy.
Governments have access to a number of key policy and economic levers which can impact both the demand for and the supply of, affordable housing. Housing trends are also shaped by cultural and behavioural elements reflected in society, some of which are shaped by government policy, and these present additional influences and barriers to improving the availability of affordable housing.