Staff Reporters
09 May 2022, 8:45 PM
Australia needs a comprehensive National Housing Plan according to Rebekah Sharkie, the Member for Mayo.
Ms Sharkie says more than 2100 people were homeless on the Fleurieu last year.
The lack of housing, both rentals and for purchase, has been a major issue since the start of the pandemic and resultant increase in population in the area.
Ms Sharkie is calling for large-scale investment to provide financial incentives for “mum and dad investors” to increase the supply of affordable rental houses.
“Through such a scheme, we will encourage the innovative delivery of affordable housing stock in order to reduce rental costs for low- to moderate-income households across the country,” she says.
The Greens however believe that more public housing needs to be built to address the problem.
They say by taxing billionaires Australia could afford to build one million more public houses across the country.
They would establish a Federal Housing Trust to build public houses and shared ownership scheme residences for first homeowners.
Marisa Bell, the Labor Candidate for Mayo says her party will help more people buy their own home.
Labor Leader Anthony Albanese revealed Labor’s housing policy last week, pledging a $329 Help to Buy initiative.
Under the scheme people on low or middle incomes would only have to purchase 60 per cent of their home with the rest owned by the government. This would enable them to enter the housing market with a smaller mortgage and deposit.
They could then choose to purchase the government owned part of their home when they were able.
The Liberal Party says they will support regional home ownership, “in a way that encourages new housing supply to reduce housing affordability pressures and retain talent and skills in the regions in support of the Government’s regionalisation agenda”.
It says if re-elected, a Morrison government will establish a Regional Home Guarantee to incentivise the purchase or construction of homes in regional areas.
It will provide 10,000 low-deposit guarantees with a deposit as low as 5 per cent each financial year for those moving to, or within, regional areas, including non-first home buyers and permanent residents starting 1 October 2022.
Clive Palmer's United Australia Party says it will impose a cap of 3 per cent for five years on home loans.
Pauline Hanson's One Nation Party says the way to fix the housing crisis is to ban foreign ownership of residential property and reduce immigration.