Calls for Sydney vacant homes tax

Monday 17 August 2015

Concerns about housing shortages has prompted the Federation of Housing Associations (FHA) – a group representing providers of affordable housing – to call for added taxes levied on homes being kept vacant. From The SMH:

About 10,000 homes around the CBD – or more than one in 10 – were found to be vacant on census week in 2011. (For greater Sydney, an area that extends through to the Central Coast, the figure tops 120,000).

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.