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The Guardian - AU
The Guardian - AU
National
Stephanie Convery

Private rental market ‘the epicentre’ of Australia’s housing affordability problem, report finds

Malcolm Roberts Australia Productivity Commission
For lease sign on an inner-city terrace house
Australia’s Productivity Commission has reported the federal $1.6bn National Housing and Homelessness Agreement has not reduced the country’s housing inequity. Photograph: James Ross/AAP

The federal government should overhaul commonwealth rent assistance, focus on fixing the rental crisis, and wind back concessions and grants for homebuyers in favour of funding stretched homelessness services, the Productivity Commission has found.

The $1.6bn agreement to help facilitate affordable housing in Australia has also failed to reduce inequity and national reform is now imperative, it said.

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