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The St Vincent de Paul Society is “relieved” to see the Albanese Government’s long-delayed $10 billion Housing Australia Future Fund Bill pass Parliament, with the addition of an extra $1 billion to be spent on public housing this year.
The Greens and the Albanese Government have finally come to an agreement to get Labor’s cornerstone $10 billion housing policy through Parliament after months of protracted negotiations and delays. Source: The Age.
Housing and homelessness were key topics of conversation at this year’s Catholic Social Services Victoria annual dinner. Source: Melbourne Catholic.
Australians are defaulting on their home loans at growing rates as the number of borrowers at risk of mortgage stress peaks at levels not seen since 2008, when the global financial crisis hit. Source: ABC News.
A new report predicts millions of Australians will miss out on home ownership as the nation heads towards a long period of slow growth in household incomes, forcing more people to fall back on the age pension to pay for shelter. Source: The Age.
Vacant land on Tasmania’s northwest coast has been transformed into homes for those in need, thanks to a partnership between the local parish, CatholicCare Tasmania and Centacare Evolve Housing. Source: Hobart Archdiocese.
The St Vincent de Paul National Council has welcomed the commitments of national cabinet and the Commonwealth this week to address the housing and rental crisis.
National cabinet has backed a deal on housing that sets a new target to build 1.2 million homes over five years, with the promise of $3 billion in incentives for states and territories to meet the goal. Source: The Age.