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Housing and Affordability a Key Question on Government Agenda

By Alicia Jarrett

The Housing Industry Association (HIA) has stated that housing and its affordability remains an important point for discussion in the upcoming elections – but neither the prime minister nor the leader of the opposition has a clear plan on how to address the issue.

"Housing is clearly in the minds of Australian voters, both in terms of the lack of new job creation occurring in the sector, and also the upward pressure on housing prices," said Graham Wolfe, HIA chief executive for industry policy and media.

Hard facts such as the 40 per cent tax on new homes were brought up at a recent Leaders Forum, according to an August 22 media release from the HIA.

"What we didn’t see, however, was enough detail from either party as to how they will tackle these problems in a future parliament," said. Mr Wolfe.

Mr Wolfe went on to stress that the future government must base the recovery of the Australian economy on strong housing policies, regardless of who wins in the elections.

Housing and the question of affordability remain as key issues across Australia, and people intending to live in or rent property in Darwin and elsewhere will be keen to hear about which direction the new government will head in with these matters.

If you are looking to invest in real estate in Darwin, get in touch with the team at Ray White Darwin today.

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