Page 7 - FWP Wealth Adviser Newsletter - May 2025

ISSUE 111
MAY 2025

in public and community housing can stabilise markets and supporting innovative models of ownership and resilience,
provide a safety net for the most vulnerable. The United Australia can restore the promise of shelter and security for
Nations Sustainable Development Goals call for “access all.
for all to adequate, safe and affordable housing and basic
services”.
References
Rethinking Demand-Side Incentives: 1. “Key factors behind the housing supply crisis.” Graham Hand, Firstlinks,
Reforming tax settings that favour investors, such as 2024. https://www.firstlinks.com.au/key-factors-behind-the-housing-
negative gearing and capital gains tax discounts, could help supply-crisis
level the playing field for first-home buyers. As SBS News 2. “Record construction bankruptcies worsen housing shortage.” Leith
notes, “Neither party is addressing the demand-side incen- van Onselen, MacroBusiness, 2 May 2025. https://www.macrobusiness.
tives or structural planning issues at the heart of the crisis”. com.au/2025/05/record-construction-bankruptcies-worsen-housing-
shortage/
Setting Realistic Targets and Ensuring Accountability: 3. “Renters in crisis: Just 0.1% of homes affordable for people on welfare
While government targets, such as building 1.2 million in 2025.” BrokerNews, 2025. https://www.brokernews.com.au/news/
new homes by 2029, are ambitious, experts warn they are breaking-news/renters-in-crisis-just-0-1-of-homes-affordable-for-
unlikely to be met without major reforms. “Government people-on-welfare-in-2025-287049.aspx
targets such as building 1.2 million new homes by 2029 are 4. “The housing affordability stumbling block being ignored by both major
unlikely to be met without major reforms”. parties.” SBS News, 2025. https://www.sbs.com.au/news/article/the-
housing-affordability-stumbling-block-being-ignored-by-both-major-
A Renewed Vision for the Australian Dream: parties/3o6h7ug0f
Ultimately, the future of the Australian Dream depends 5. OECD (2023), “Housing and Inclusive Growth.” Organisation for
on reimagining shelter not just as an asset, but as a foun- Economic Co-operation and Development. https://www.oecd.org/
dation for security, wellbeing, and social cohesion. Policies housing/housing-inclusive-growth.pdf
must prioritise the needs of all Australians, ensuring that 6. “Specialist homelessness services annual report 2022–23.” Australian
the promise of home ownership and stable housing remains Institute of Health and Welfare, 2023. https://www.aihw.gov.au/
within reach. reports/homelessness-services/shs-annual-report-22-23/contents/
summary
Conclusion 7. “The state of Australia’s housing market.” Brendan Coates, Grattan
Australia’s housing crisis is a defining challenge of our Institute, 2024. https://grattan.edu.au/report/the-state-of-australias-
time, threatening the security and aspirations of millions. housing-market/
While the causes are complex, the solutions are within 8. Crabtree, L. (2020). “Community-led housing in Australia: Models,
reach-if policymakers, communities, and individuals are benefits and barriers.” Urban Policy and Research, 38(2), 153-169.
willing to act boldly and collaboratively. By addressing 9. United Nations Sustainable Development Goals: Goal 11 – Sustainable
both supply and demand, investing in social housing, and Cities and Communities.https://sdgs.un.org/goals/goal11

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