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Housing boom driving Australian inequality

The Australian Greens have commented on an OECD report warning of a ‘rout’ in Australian house prices.
 
Greens Treasury spokesperson, Senator Peter Whish-Wilson, said that the OECD report confirms that “the big-four banks are creaming it.”
 
“CBA, NAB, ANZ and Westpac are all profiting off a housing boom that threatens to undermine the entire economy. And they’re doing it all with the benefit of government guarantees that they don’t have to pay for. This is a scandal.
 
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Senate calls on govt to take responsibility for homelessness distress

Janet Rice 14 Feb 2017

I move:

That the Senate—

(a) notes that:

    (i) Melbourne is currently facing a housing crisis, with record numbers of people experiencing homelessness and sleeping rough in streets and parks,

    (ii) over 100 people are turned away from crisis accommodation every night in Victoria, and there are 32,000 people on the public housing waiting list,

    (iii) emergency housing services and other frontline services are operating above their capacity, and

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PM’s axe falls on housing affordability – another Turnbull failure

Lee Rhiannon 11 Feb 2017

One of the biggest failures of the Turnbull government is shaping up to be their inability to ensure all Australians have access to secure affordable housing, Greens housing spokesperson Senator Lee Rhiannon said in response to reports that the National Affordable Housing Agreement (NAHA) will be scrapped in the May Budget.

“Winding up the $9 billion National Affordable Housing Agreement will push more people into homelessness and lock people out of secure housing,” Senator Rhiannon said.

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Everyone has right to a home – time to scrap generous tax breaks

Lee Rhiannon 25 Jan 2017
Every single major housing market in Australia is ‘severely unaffordable’ according to the latest Demographia International Housing Affordability Survey. Sydney is second on the list of the most severely unaffordable housing markets in the world.
 
Greens housing spokesperson Senator Lee Rhiannon and Greens NSW housing spokesperson Jenny Leong say it is absurd that both federal and state governments insist that they can tackle housing affordability without making any changes to unfair tax structures like negative gearing and capital gains tax discounts.
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Wollongong third most expensive city to live: Turnbull govt must act on housing

Lee Rhiannon 25 Jan 2017
Greens housing spokesperson Senator Lee Rhiannon says the Turnbull government urgently needs to address the issue of negative gearing and capital gains tax discounts, which is directly contributing to the housing crisis. 
 
Wollongong is now Australia’s third most expensive city to live, with house prices up 16.7 per cent over the year and 7.7 per cent over the December quarter. The median house price is now $700,000.
 
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NPAH needs long term, secure funding

Lee Rhiannon 9 Dec 2016
The Turnbull government's failure to adequately fund homelessness services will drive greater inequality across the nation, the Australian Greens said today. 
 
The Greens are calling on the government to restore the $44 million that was previously cut from the National Partnership Agreement on Homelessness (NPAH), and to guarantee long term funding for the NPAH.
 
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Turnbull government’s ongoing failure on housing

Lee Rhiannon 25 Nov 2016
The Greens say the split between state and federal Liberal ministers highlights the ongoing failure of the Turnbull government to act on the housing affordability crisis.  
 
Greens spokesperson for housing Senator Lee Rhiannon said, “The Turnbull government does not have a single strategy or policy to deal with the housing affordability crisis at a federal level, so it is no surprise that Liberal state ministers are cracking. 
 
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Release of Rental Affordability Index – urgent national housing strategy needed

Lee Rhiannon 23 Nov 2016

The latest Rental Affordability Index, released today, is bleak news for renters and home buyers. It reports Sydney is the most unaffordable city for renters, and Melbourne’s rental affordability is decreasing. 

“In Sydney, average renting households need to spend nearly 28 per cent of their total income on rent. This is unacceptable,” Greens spokesperson for housing Senator Rhiannon said. 

“Taxing empty homes could be one feature of a whole suite of measures to tackle this country’s housing affordability crisis, including negative gearing and capital gains tax changes.

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