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Most of the budget’s housing measures shuffle the queue, rather than increase the number of homes.
Voters who own housing are strongly invested in increasing the value of their wealth-generating assets. And they strongly favour the Coalition, which knows to protect their interests.
The controversial HomeBuilder scheme could come with a big upside: making old homes more energy efficient.
It’s not easy to choose between the costly hassle of renovating and the expensive upheaval of selling up, and buying a new property.
While much attention was on the US this week, there was also an official acknowledgment that Australia is in recession, and a controversial HomeBuilder program to boost the economy.
The scheme will encourage people who can’t afford to buy homes or are homeless to believe the government has forgotten them.
There has never been a better time for public money to go into improving the performance of Australian housing. We could have cut household bills and emissions, as well as saving construction jobs.
It’ll have to fund tens of thousands of homes that were going to be built anyway before it creates a single extra house.
Top contributors
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Adjunct Professor of Architecture, University of Technology Sydney
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Associate Professor in Property, Construction and Project Management, RMIT University
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Senior Lecturer in Urban and Environmental Planning, Griffith University
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Associate Professor - Architectural Performance, Monash University
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Professor of Political Economy and Social Theory, University of Sydney
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Senior Lecturer, Finance and Financial Planning, Griffith University
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Professorial Fellow, University of Canberra
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Senior lecturer, Canberra School of Government, University of Canberra
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John Thwaites is a Friend of The Conversation.
Chair, Monash Sustainable Development Institute & ClimateWorks Australia, Monash University
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Associate Professor, School of the Built Environment, University of Technology Sydney
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Digital and Communications Manager
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Professor, School of the Built Environment, University of Technology Sydney
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Senior Lecturer in Political Economy, University of Sydney
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Program Director, Housing and Economic Security, Grattan Institute
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Research and Analysis Manager, Climateworks Centre, Monash University