Last year, the federal government struck a Housing Accord with the states. Together, they committed to build 1 million new, well-located homes across Australia over the next five years.
But sky-rocketing rents have turned up the heat on governments to do much more. Last month, National Cabinet responded. The new target is 1.2 million homes over five years, with the federal government offering financial rewards to whichever states do the most to get us towards the new target. And the Prime Minister and the Premiers also promised a better deal for renters.
Will it be enough? In this special Grattan Podcast, our housing experts Brendan Coates and Joey Moloney unpack the National Cabinet package, explain why it’s important, and identify the next challenges for policy-makers as they struggle to make housing more affordable for more Australians.
Brendan Coates
Joey Moloney
While you’re here…
Grattan Institute is an independent not-for-profit think tank. We don’t take money from political parties or vested interests. Yet we believe in free access to information. All our research is available online, so that more people can benefit from our work.
Which is why we rely on donations from readers like you, so that we can continue our nation-changing research without fear or favour. Your support enables Grattan to improve the lives of all Australians.
Donate now.
Danielle Wood – CEO
