See every side of every news story
Published loading...Updated

Housing experts budget essentials to fix housing crisis - realestate.com.au

  • Experts suggest limiting negative gearing for existing properties to tackle the housing crisis while enhancing tenant protections and tax changes.
  • Australia is projected to fall short of its target by 462,000 homes by 2029, potentially causing rent increases of nearly $100 weekly, according to the Property Council.
  • The Property Council advocates for doubling the $3 billion New Homes Bonus to incentivize building more homes and address the significant housing gap.
  • Urgent reforms are needed across the federal budget, including expanding the First Home Guarantee and providing targeted support for construction industries to combat high building costs.
Insights by Ground AI
Does this summary seem wrong?

8 Articles

All
Left
Center
Right
2
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 100% of the sources lean Right
100% Right
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Sunraysia Daily broke the news in on Sunday, March 23, 2025.
Sources are mostly out of (0)

Similar News Topics

You have read out of your 5 free daily articles.

Join us as a member to unlock exclusive access to diverse content.