Have your say: draft superannuation laws to tackle housing affordability pressures
The superannuation measures announced in the 2017 Federal Budget aimed at alleviating housing affordability pressures have been put into draft legislation, and are now available for review and comment on the Treasury web site.
Over the past decade, the Victorian government has attempted to tackle housing affordability by implementing countless measures, but the Victorian Planning Authority predicts home ownership rates will continue to decline.
First-home buyers remain out in the cold, despite affordability improvements
The number of first-home buyers in Australia declined 11.2% over the March quarter, according to latest Adelaide Bank/REIA Housing Affordability Report.
NSW moves a "great first step" to improve affordability: REINSW
John Cunningham, president of the REINSW, says the state government's moves to help first-home buyers are welcome "first steps" to address housing affordability pressures in NSW.
The 20% deposit and stamp duty required to buy a house in Sydney is $158,933, based on new CoreLogic data. That's equivalent to 20 years' worth of smashed avo.
