Thanks to an unprecedented lift in public funding in the 2020s, an extra 55,000 new, good quality homes around Australia will be available to people on the lowest incomes by 2030. That’s almost triple the increase of 20,000 homes in the previous decade.
Residents in these modern “social” homes will generally pay only 25% of their income in rent. Social housing refers to government-subsidised homes, with below market rents.
You’d think federal and state politicians would be shouting about an extra 55,000 social homes by 2030 from those new rooftops.