Albanese Government’s Housing Agenda: A Solid Start, But Is It Enough?

The Albanese government has received a mixed but generally positive report card from property industry leaders on its housing agenda. 

While the challenges of affordability and supply remain pressing, the government’s $32 billion commitment aims to tackle home ownership, renting, and homelessness head-on.

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A Step in the Right Direction

With a target of 1.2 million new homes, the government’s efforts signal ambition. Industry experts acknowledge that initiatives to boost supply and affordability are crucial, but execution will be key.

The question remains: will these measures be enough to meet demand and keep pace with population growth?

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Ongoing Challenges

Despite the investment, hurdles persist:

• Rising construction costs
• Labour shortages  
• Regulatory barriers

Meanwhile, affordability concerns continue to weigh on first-home buyers and renters alike.

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‍Is a Pass Enough? ‍

When it comes to the governing body of a nation, when did a pass mark seem to deserve a standing ovation? We personally believe the leader of Australia, Anthony Albanese, should be striving for much more. A pass mark might be okay at school or university, however, when it comes to solving one of the most prevalent housing crises in Australian history, we must ask for more, much more. 

Shoot for the stars, Mr Albanese!