Australia’s facing a serious affordable housing shortfall

first_img MORE: The New South Wales government sold off several public housing properties four years ago, including this one at Millers Point at The Rocks which fetched $2.56m. Public housing at Rosemeadow in the south west of Sydney. Picture: AAP Image/Dan Himbrechts.Australia is facing a massive housing shortfall that won’t be met unless governments ramp up affordable home building tenfold, a new report warns.The figures, contained in the latest report by the Australian Housing and Urban Research Institute (AHURI) out Thursday, warned the country would need an estimated 727,300 additional social housing dwellings in the next two decades – with the current shortfall sitting at 433,000 homes.Report co-author Dr Laurence Troy from UNSW Sydney found that the number of public housing units built by Australian governments had shrunk significantly from a level between 8,000 to 14,000 new public housing units a year 40 years ago to minimal construction rates now. Good news for first home buyers Meet the couple that bought an entire town Dr Troy said lack of affordable housing was a serious problem for many Australian families.“A renewed social housing program should boost output to a level similar to that seen in the early post-war period when state governments were building about one in seven new homes in Australia.”The report which saw researchers from RMIT and UNSW Sydney also explore the best options to meet public housing shortfalls urged government to move towards capital grant funding as it was the most cost effective option. “Australian governments have been recently funding only around 3,000 new social housing units per year, we estimate that output of about 15,000 is needed just to stop the existing shortfall from getting even bigger. To fix the current problem as well, over a 20 year period, calls for a ten-fold increase.”More from newsParks and wildlife the new lust-haves post coronavirus15 hours agoNoosa’s best beachfront penthouse is about to hit the market15 hours agocenter_img “The lifetime cost is $1.6 billion less, or a 24 per cent direct saving to the public purse, compared with a commercially-financed program supported through revenue subsidy,” Dr Troy said.The research found that more than a fifth of all housebuilding in places like the UK, Finland, France and Australia were by “housing providers with a social purpose”. Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 2:09Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -2:09 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD432p432p360p360p216p216pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenWhy rental affordability is a problem02:09 Harder to rent in Brisbane than Sydney The report estimates Australia needs an estimated 727,300 additional social housing dwellings in the next two decades. Picture: Jodie Richter. FOLLOW SOPHIE FOSTER ON TWITTERlast_img read more

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Cameron to undergo hernia surgery

first_img “It’s been troubling him for a while, so the time has come for an operation,” assistant manager Mark Bowen told The Sentinel. “He started feeling it last season, then obviously went to the World Cup and came back to us still feeling a bit sore. “These things tend to manifest themselves over a period of months and now the time has come, but it’s difficult to say how long we will lose him for.” Odemwingie, who has been omitted from Stoke’s 25-man squad submitted to the Premier League for the first half of the campaign because of the length of his lay-off, has yet to start rehabilitation but Bowen remains optimistic. “The operation seems to have gone well, which is obviously great news and it always helps a recovery when you’ve got someone of Peter’s great spirits,” he added. There was more positive news on midfielder Stephen Ireland, who returned to training on Tuesday after a rib injury sustained on August 22. “He (Ireland) came through training okay and if he isn’t ready for this weekend, then I’m sure he’ll be banging on the door for the weekend after,” said Bowen. The United States international has made just one appearance this season, in the Capital One Cup victory over Portsmouth, but was forced off with the long-standing injury before half-time. Cameron’s absence is the second injury blow to hit the Potters after forward Peter Odemwingie had an operation on damaged knee ligaments. Stoke utility player Geoff Cameron is to undergo surgery to fix a troublesome hernia problem. center_img Press Associationlast_img read more

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Serena Williams into Miami semi-finals with 700th career win

first_imgWorld number one Serena Williams overcame a dreadful second set to beat Germany’s Sabine Lisicki 7-6(4) 1-6 6-3 for her 700th career win and a berth in the Miami Open semi-finals.Williams, who is seeking an eighth Miami title, will next face the winner of Wednesday’s later match between Romanian third seed Simona Halep and American Sloane Stephens. After a sluggish start, Williams went on to secure the first set in a tiebreak and then broke her 27th-seeded opponent in the opening game of the second set before falling apart.Lisicki’s precise and intelligent play took advantage of a series of unforced errors from Williams as the German won six consecutive games to force a decisive set.But Williams, the two-times defending Miami champion, quickly rediscovered her form and broke to get a 3-0 lead and held firm for the win.Williams is the eighth player in WTA history to record 700 match wins, putting her in an exclusive club that is led by Martina Navratilova (1,442).–last_img read more

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