AHURI ON HOUSING POLICY – ‘NEGLECT IS DELIBERATE’ BY TURNBULL GOVERNMENT

12 Jul 2017

Two reports from the Australian Housing and Urban Research Institute (AHURI) have delivered a scathing assessment of the Turnbull government’s failure to address housing affordability policy.

AHURI ON HOUSING POLICY – ‘NEGLECT IS DELIBERATE’ BY TURNBULL GOVERNMENT

 

Two reports from the Australian Housing and Urban Research Institute (AHURI) have delivered a scathing assessment of the Turnbull government’s failure to address housing affordability policy. 

 

AHURI Report 284 says ‘The research notes that there is evidence that this neglect is deliberate on the part of the present Federal Government and argues for stronger policy treatment of housing within the federal administrative arrangements.’

 

AHURI Report 285 reiterates this view saying;

 

‘Because the Australian Government does not currently operate an explicit or overarching housing policy, housing policy interventions are spread across a range of portfolios…’

 

‘A much deeper appreciation of the consequences of housing policies for economic outcomes is necessary if the potential for housing policy to promote economic growth is to be realised. A more considered and coordinated policy treatment of housing as an economic asset that has implications for nation-wide economic growth is clearly overdue.’

 

These damning conclusions are a complete rejection of the Turnbull government’s much trumpeted 2017 Budget housing package. Assistant Treasurer Michael Sukkar promised the government’s policy package would be ‘extraordinarily large’ and ‘it will be an impressive package, it will be a well-received package.’  The most respected and impartial analysts of this policy area clearly disagree.

 

The Turnbull government cannot be taken seriously on housing policy when it has no Minister for Housing and Homelessness and refuses to reform negative gearing and capital gains tax concessions.

 

WEDNESDAY, 12 JULY 2017