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AAP
AAP
Business
Kat Wong

Supply shortfalls set to exacerbate housing crisis

Australia Diego Fedele Susan LloydHurwitz
Only 13 per cent of homes sold in 2022-23 were affordable for a household earning the median income. (James Ross/AAP PHOTOS)

No matter where Australians live, how much they earn or how old they are, housing has become less affordable and a report warns the situation is getting worse.

The independent National Housing Supply and Affordability Council launched its inaugural report on Friday, which paints a dire portrait of Australia's housing system.

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