Developers push Canberra over housing

Sydney Morning Herald & The Age – 

More than 11,000 single parents and first- time buyers in a position to purchase a home with new federal government assistance face higher mortgage repayments than their current rent amid strong growth in property prices.

The federal government announced a three-pronged housing affordability strategy in Tuesday’s budget but developers and town planners say more needs to be done to force the states and territories to increase housing supply.

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