Australia spends more on tax breaks for landlords than social housing, homelessness and rent assistance combined | Tax | The Guardian

Australia spends $12.3 billion on tax breaks for landlords, exceeding the combined spending on social housing, homelessness, and rent assistance, according to a report by the Australian Council of Social Service (Acoss). The report reveals that the share of homes dedicated to social housing has dropped to a record low of 3.6%, exacerbating the housing crisis and homelessness. The number of households on public housing waitlists has climbed to about 190,000, with a significant increase in those at risk of homelessness. The government's Housing Australia Future Fund aims to deliver 21,000 new social and affordable homes by mid-2029, but the situation remains dire.
6 Comments