Academics from the University of Adelaide and the University of South Australia have commended the Albanese Government for announcing that it would establish a National Housing Supply and Affordability Council (NHSAC), claiming it “might be the year’s most important and impactful housing announcement” that “is a major step towards a considered and long-overdue national plan for housing”:
Australia’s approach to the challenges of housing supply and affordability over the past decade could easily be described as “ramshackle”. This has meant policies, interests and outcomes have clashed.
Reliable, trusted data have not existed. Booms and busts have crept up on us unseen, making house prices difficult to predict. And housing affordability has become an “intractable” problem.
