'Exhausted': housing supply hit as affordability dips
The council says construction costs could rise 10 per cent and rents hit a record 33.1 per cent of household income.
7 Articles
7 Articles
Rising costs threaten ACT housing momentum, industry warns
Canberra’s building industry has warned rising inflation and construction costs could put further pressure on housing affordability, even as new national data suggests the ACT is on track to exceed its housing supply targets. The National Housing Supply and Affordability Council’s State of the Housing System 2026 estimates the ACT is on track to deliver 22,000 new homes by 2028–29 — ahead of its target of 21,000 homes over the National Housing A…
PIA calls for more coordinated housing planning
Image: maho/stock.adobe.comThe Planning Institute of Australia (PIA) has welcomed the release of the State of the Housing System 2026 report saying it reinforces the need to deliver more homes through better coordinated, long-term planning. The report was released by the National Housing Supply and Affordability Council. PIA Chief Executive Officer, Matt Collins, said the report shows that despite governments progressing planning reform, afford…
‘Exhausted’: housing supply hit as affordability dips
The Iran war could result in Australia building 33,000 fewer homes than planned, the government’s independent housing adviser has warned. Australia was making ground on its housing supply targets before the Middle East conflict broke out in late February, the National Housing Supply and Affordability Council found in its annual state of the housing system report on Thursday. But the effective closure of the Strait of Hormuz, which send fuel pric…
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