Everybody’s Home Media Release
The State of the Housing System 2025 report is a sobering and necessary reminder to urgently invest in social housing and reform tax settings that fuel inequality, national housing campaign Everybody’s Home says.
The report, published today by the National Housing Supply and Affordability Council (NHSAC), found Australia’s housing system is failing to deliver secure, affordable homes.
Rental stress is at record highs, social housing is falling short of demand and access to a safe and affordable home is out of reach for many.
Everybody’s Home spokesperson Maiy Azizie said: “This report echoes what Australians are feeling every day: the housing system is in crisis. The message is clear – we’re not building enough social housing and the tax system is stacked in favour of investors over people looking for a place to live.
“Australia is facing a severe housing crisis which demands immediate government action. This report is a stark wake up call and sends a clear message to all governments: they must find ways to build more social housing.
“The Council has recognised the need to build more social housing and grow it to 10 percent of all homes. This is something that Everybody’s Home has been saying for years – Australia’s housing stock is woefully inadequate to meet the needs of people right across the country.
“This report is also a wake-up call about the need to reform the tax system so that it helps renters and first home buyers instead of hurting them. Tax breaks for investors are driving up prices and locking people out.
“Our housing crisis didn’t happen overnight, but today’s report helps set out a roadmap for action. We need bold, systemic reforms that ensure safe and affordable homes are at the top of our priorities.”
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Now that the blockages in the Senate hve been overcome we are seeing the government’s home building programs proceeding although availability of labour and building materials remain a problem – in particular timber roof framing, Colorbond roofing steel and windows remain in short supply.
We still have to decide, as a community, if negative gearing and capital gains tax concessions are actually adding to the housing rental stock – there are clearly two schools of thought on this issue and we need some solid non-partisan economic analysis to establish if these tax policies are actually achieving their objectives of adding to rental stock. If not, then they need to be adjusted (e.g. only allow negative gearing and tax concessions on ‘new builds’) or eliminated.