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Five Australian cities are now among world’s top 20 most expensive

submitted by dulcima to Australia 4 monthsDec 26, 2024 02:13:53 ago (+14/-0)     (archive.md)

https://archive.md/EvXUO

https://www.smh.com.au/politics/federal/get-your-housing-in-order-imf-warns-government-and-coalition-20241223-p5l0cr.html

But the IMF says all levels of government must go further, arguing eradication of state stamp duties and a shift to land taxes, lifting the number of workers in the sector and easing zoning rules had to be on the agenda.
“A comprehensive policy package is essential to tackle Australia’s housing affordability crisis, focusing on increasing the construction workforce, relaxing zoning regulations, advancing initiatives to boost new housing supply, and re-evaluating property taxes and stamp duty,” it said.

Evil fkers.


4 comments block

Sounds like government has a solution to the problem they created.