The Urban Developer
AdvertiseEventsWebinars
Urbanity
Awards
Sign In
Membership
Latest
Menu
Location
Sector
Category
Content
Type
Newsletters
Untitled design (8)
FIRST RELEASE TICKETS ON SALE FOR URBANITY-25 THE UNMISSABLE EVENT FOR PROPERTY PROFESSIONALS IN THE ASIA PACIFIC
FIRST TICKETS ON SALE FOR URBANITY-25 UNMISSABLE FOR PROPERTY PROFESSIONALS
SEE DETAILSDETAILS
TheUrbanDeveloper
Follow
About
About Us
Membership
Awards
Events
Webinars
Listings
Partner Lab
Resources
Terms & Conditions
Commenting Policy
Privacy Policy
Republishing Guidelines
Editorial Charter
Complaints Handling Policy
Contact
General Enquiries
Advertise
Contribution Enquiry
Project Submission
Membership Enquiry
Newsletter
Stay up to date and with the latest news, projects, deals and features.
Subscribe
ADVERTISEMENT
SHARE
45
print
Print
ResidentialDinah Lewis BoucherThu 30 Apr 20

Build 30,000 Social Housing Dwellings to Boost Jobs: Acoss

858a432d-1a09-434d-ad09-1b77dfa5c6db

The construction of 30,000 social housing dwellings to reduce homelessness and generate jobs has been put forward as one of the strategies towards economic recovery post Covid-19.

Australian Council of Social Services says coronavirus related restriction measures have exposed the scale of homelessness and rough sleeping in Australia, as both social and health problems.

As part of its five proposals towards economic recovery post Covid-19, the peak body for the community services sector advocates a $7 billion public investment to construct 30,000 social housing dwellings.

“The ‘pipeline’ of residential construction projects from investments undertaken during the housing boom is declining,” ACOSS chief executive Cassandra Goldie said.

“This means skilled labour and materials are more likely to be available for social housing construction.

“We can create thousands of jobs and reduce homelessness through a public infrastructure program to build social housing.”

As state governments are beginning to take their first steps towards easing some of Covid-19 restrictions, the construction and property sectors have been earmarked as central to progressing Australia’s economic recovery.

It was revealed on Tuesday the New South Wales government is considering more than $500 million in social housing stimulus, as it announced it would fast-track 24 shovel ready projects in a $7.5 billion economic injection.

The $500 million stimulus spend would help address the state’s housing issues, issues that existed before the pandemic.

This includes a shortfall of 200,000 social and affordable homes and more than 60,000 households on the social housing waitlist.

Community Housing Industry Association NSW Mark Degotardi says the $500 million plan, from the Land and Housing Corporation, would address “years of underspending” on social housing in the state.

The Grattan Institute estimates that up to 26 per cent of employees would have lost their jobs by the end of June as a restult of Covid-19 related restriction measures.

Federal Treasury estimates unemployment could reach 10 per cent by June, although if businesses are able to retain employees on lower hours, RBA governor Philip Lowe said he is “hopeful it might be lower than this”.

The Grattan research shows the impact of Covid-19 is felt disproportionately on lower income earners, on those who will struggle to re-establish their careers and incomes as the economy recovers, largely people in low-paid and insecure jobs, “mainly young people and women, of whom around a third are expected to lose their jobs”.

ResidentialAustraliaConstructionConstructionSector
AUTHOR
Dinah Lewis Boucher
More articles by this author
ADVERTISEMENT
TOP STORIES
MONARK co-founders Michael Kark (CEO) and Adam Slade-Jacobson (CIO)
Exclusive

Finding the Sweet Spot: How Monark Built its $2bn Property Empire

Leon Della Bosca
6 Min
Exclusive

Sydney’s Fear of Heights Holding Back Housing

Vanessa Croll
6 Min
North Melbourne Craigieburn HB Land EDM
Exclusive

Tribunal Finding Cruels 1000-Home Melbourne Plan

Clare Burnett
5 Min
Roseville Hycorp EDM
Exclusive

Ku-ring-gai TOD Backflip Slashes 1500 Homes from Under-Way Developments

Clare Burnett
7 Min
Exclusive

Housing Fix Sprint Begins with New Top Planner Pushing 13 Regional Plans

Phil Bartsch
8 Min
View All >
MONARK co-founders Michael Kark (CEO) and Adam Slade-Jacobson (CIO)
Exclusive

Finding the Sweet Spot: How Monark Built its $2bn Property Empire

Leon Della Bosca
Sponsored

Carpet Zones Bring Clarity to Open Layouts

Partner Content
Clarke Hopkins Clarke's rendering of the clubhouse for Levande's Highton seniors living project in Geelong.
Retirement & Aged Care

Seniors Living Plan Revealed for Former Geelong Van Park

Marisa Wikramanayake
A retirement sector heavy-hitter has filed plans for the site near Geelong, proposing 125 homes…
LATEST
MONARK co-founders Michael Kark (CEO) and Adam Slade-Jacobson (CIO)
Exclusive

Finding the Sweet Spot: How Monark Built its $2bn Property Empire

Leon Della Bosca
6 Min
Interiors

Carpet Zones Bring Clarity to Open Layouts

Partner Content
4 Min
Clarke Hopkins Clarke's rendering of the clubhouse for Levande's Highton seniors living project in Geelong.
Retirement & Aged Care

Seniors Living Plan Revealed for Former Geelong Van Park

Marisa Wikramanayake
2 Min
Indroo Verso 53 Coonan Street DA hero
Development

Tower Pitched as Brisbane’s Inner-West Regains Steam

Phil Bartsch
3 Min
View All >
ADVERTISEMENT
Article originally posted at: https://theurbandeveloper.com/articles/construct-30000-social-housing-dwellings-boost-jobs-acoss