No new money for social housing

FAMILIES trying to keep a roof over their heads should be disappointed by the Federal Budget, says Australians for Affordable Housing.

AAH campaign manager Sarah Toohey said that while the budget might be back in the black, "the one in 10 families who are in housing stress will remain in the red" trying to make ends meet.

"With no new money invested in social housing in this budget, the system will continue to decline, leaving almost 250,000 households languishing on public housing waiting lists," she said.

"With no increase in the rate of Commonwealth Rent Assistance, over 450,000 renters in housing stress will have less to spend on food, clothes, transport and the other basics of life".

"Failure to tackle the negative gearing and Capital Gains Tax breaks that drive up house prices means thousands of young Australians don't get a fair go in the housing market".

Topics:  federal budget 2012



Local Real Estate

Featured Real Estate
FULLY SELF CONTAINED... $9500.00 From
Cabin $12.5K for 6 x 2.4 x 2.5m fully installed. D.I.Y $9.5k bare ...
Look - $175,000 in... $175,000
House 2 1 1
Ballandean Landmark... Tender
Residential Land 0 0
BRICK UNIT CLOSE TO... Leased
Unit 3 2 1

Featured Jobs

Warwick jobs listed daily

Featured Jobs
Information &... Toowoomba Full Time


Local Partners

LATEST DEALS AND OFFERS

Local Jobs

Search for your next job now!
Learn More

Cars For Sale

Find cars for sale online now.
Learn More

Subscription Sale

Subscribe now for $1 for 14 days.
Learn More

Local Profile

Stay Connected

Get the news as it happens, in your inbox

You can change the newsletters you are subscribed to when you edit your profile

Edit Profile


Special Offers

Latest deals and offers

View today's ePaper!

Read the digital edition
Learn More

Horoscopes

Leo

You don't have to spend too much on a gift, but this may take a little more time in finding something appropriate for the one you love.

read more

Marketplace

Special Offers & Promotions

Compare & Save