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Australia’s Housing Crisis Needs More Than a Renovation

  • Thousands of Australian renters are struggling with housing affordability as federal election leaders prepare to debate policies in early May 2025.
  • The crisis reflects decades of rising house prices outpacing incomes, inadequate social housing, and tax policies favoring investors over low-income renters.
  • A nine.com.au survey of over 500 readers found almost 80% doubt either major party’s election policies will improve housing affordability for first-time buyers or renters.
  • The Coalition proposes mortgage interest tax deductions saving $12,000 annually on average, while Labor plans a $10 billion investment to build 100,000 homes for first-time buyers.
  • Experts say long-term reform and increased government support are essential as current measures and supply growth will not immediately ease rental stress or homelessness.
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The Canberra TimesThe Canberra Times
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Full-time workers hit by 'worst ever' housing crisis

Even workers in full-time jobs struggle to meet rental costs, charities say, while those with less income are...

·Canberra, Australia
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Bias Distribution

  • 62% of the sources lean Left
62% Left
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Newcastle Herald broke the news in Newcastle, Australia on Tuesday, April 29, 2025.
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