{"id":33818,"date":"2025-07-22T15:48:39","date_gmt":"2025-07-22T05:48:39","guid":{"rendered":"http:\/\/www.16news.com.au\/?p=33818"},"modified":"2025-07-22T15:48:39","modified_gmt":"2025-07-22T05:48:39","slug":"one-fifth-of-labors-affordable-homes-made-up-of-unreachable-land-tax-concession-goal","status":"publish","type":"post","link":"http:\/\/www.16news.com.au\/index.php\/2025\/07\/22\/one-fifth-of-labors-affordable-homes-made-up-of-unreachable-land-tax-concession-goal\/","title":{"rendered":"One fifth of Labor\u2019s \u2018affordable\u2019 homes made up of unreachable land tax concession goal"},"content":{"rendered":"\n<p><strong>Community sector advocates have revealed in Estimates today that 1000 homes out of Labor\u2019s target of 5000 new affordable homes will be delivered by the private market as part of the land tax concession scheme\u2013a target which community advocates say cannot be reached without greater government investment.<\/strong><\/p>\n\n\n\n<p>Leader of the ACT Greens, Shane Rattenbury:<\/p>\n\n\n\n<p>\u201cLabor\u2019s target of five thousand new \u2018affordable\u2019 homes was already questionable because their definition of affordability already puts half of wage earning Canberrans definitionally into rental stress.&nbsp;<\/p>\n\n\n\n<p>\u201dBut today\u2019s news that it is dependent on private landlords putting up 1000 homes\u201320% of the target\u2013really highlights the unreliability of the magic pudding maths of Labor\u2019s target.<\/p>\n\n\n\n<p>\u201cThis lack of reliability is underlined by the community organisations telling us that they are struggling to support more houses in the scheme, because they are not funded to deliver the volume of service announced.<\/p>\n\n\n\n<p>\u201cIt\u2019s clear the government is shirking its own responsibility for delivering affordable housing for Canberrans by over relying on this scheme to deliver.<\/p>\n\n\n\n<p>\u201cSince the launch of the scheme around five years ago, 250 generous Canberrans have offered up their properties for rental through the land-tax concession scheme and the government expects this number to somehow skyrocket to 1000 without any further incentives or any increased funding to housing providers.<\/p>\n\n\n\n<p>\u201cThe Greens are clear: we support the land tax concession scheme through and through. It was originally a Greens proposal by my former colleague Caroline Le Couteur, that taps in to the community spirit of property owners in the city<\/p>\n\n\n\n<p>\u201cBut the reality is, it simply cannot be the answer to 20% of our affordable housing target in this city\u2013it\u2019s just not realistic.<\/p>\n\n\n\n<p>\u201cTime and time again, we see not just this government, but governments across the country neglecting their role in fixing this cooked housing market by failing to realise that the private market and the community sector alone cannot fix this crisis. The government needs to step in and deliver a funding model for community and public housing that is actually realistic.&nbsp;<\/p>\n\n\n\n<p>\u201cThis news underscores the need for Labor to get real about their target of affordable housing, and fess up that not only is their definition of \u2018affordable\u2019 incredibly flawed, but that the target of 5000 contains speculative elements.\u201d&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Community sector advocates have revealed in Estimates today that 1000 homes out of Labor\u2019s target of 5000 new affordable homes will be delivered by the private market as part of the land tax concession scheme\u2013a target which community advocates say cannot be reached without greater government investment. Leader of the ACT Greens, Shane Rattenbury: \u201cLabor\u2019s &hellip; <a href=\"http:\/\/www.16news.com.au\/index.php\/2025\/07\/22\/one-fifth-of-labors-affordable-homes-made-up-of-unreachable-land-tax-concession-goal\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;One fifth of Labor\u2019s \u2018affordable\u2019 homes made up of unreachable land tax concession goal&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-33818","post","type-post","status-publish","format-standard","hentry","category-aussie"],"_links":{"self":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/33818","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/comments?post=33818"}],"version-history":[{"count":1,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/33818\/revisions"}],"predecessor-version":[{"id":33819,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/33818\/revisions\/33819"}],"wp:attachment":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/media?parent=33818"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/categories?post=33818"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/tags?post=33818"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}