Stretched renters, disillusioned first-home buyers and those experiencing homelessness will be at the centre of a long-awaited national housing plan.
Consultation on the Albanese government's 10-year plan to deal with Australia's chronic housing challenges will start in the coming months.
Australia does not have a comprehensive national plan but does have what's known as the national housing and homelessness agreement, which essentially funnels Commonwealth cash into relevant state and territory programs.
A Productivity Commission report released last year deemed the agreement ineffective in preventing homelessness and housing stress.
Housing and Homelessness Minister Julie Collins said little progress had been made on housing affordability in recent years.
"Sadly we know too many Australians are struggling with rising rents, too many Australians can't afford to buy a home and too many Australians are at risk of homelessness or experiencing homelessness."
Ms Collins said the Albanese government had a robust housing agenda that was already delivering new affordable housing projects, such as a 130-dwelling build-to-rent project in Adelaide's city fringe.
"While this plan is under development, the Albanese government won't be wasting a day delivering immediate solutions to help address Australia's housing challenges."
The government is also looking to unlock more private sector investment in affordable and social housing, and has set up an interim supply and affordability council led by outgoing Mirvac boss Susan Lloyd-Hurwitz.
