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Government housing targets face significant feasibility challenges

Australia’s housing targets face challenges as supply issues and construction costs threaten affordability and government goals

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Australia’s housing targets face challenges as supply issues and construction costs threaten affordability and government goals.

In Short:
– Australia struggles to meet housing targets amid rising costs and policy inefficiencies, with current shortfall of 69,000 homes.
– New government schemes aim to boost demand but fail to address underlying affordability issues for buyers.

Questions arise regarding Australia’s housing targets as government promises lag behind reality. Housing supply is under strain, with new data indicating concerns over affordability, policy inefficiencies, and the future of the property market.

On this episodes of Beyond the Deal, Dion Besser is joined by Cameron Kusher from Kusher Consulting discusses the viability of the government’s housing accord, which aims for 1.2 million homes over five years. This target equates to 240,000 homes annually, a goal historically difficult to meet.

Construction costs have surged, influenced by rising inflation and interest rates, reducing the feasibility of new housing. Currently, Australia is about 69,000 dwellings short of its target in the first year, with completions falling from the previous year. Despite potential improvements as interest rates decrease, achieving the target remains a distant goal.

Brought to you by Besser +Co Estate Agents.

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How London is attracting global investment and staying competitive

London’s investment appeal grows with global tours and new initiatives to attract Australian investors and boost job market

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London’s investment appeal grows with global tours and new initiatives to attract Australian investors and boost job market.

In Short:
– London is a global financial hub with a 25% job increase since COVID, attracting international investments.
– The City of London Corporation promotes partnerships and international outreach to enhance London’s global brand and appeal.

On this episode of The Connector Belinda Coates hosts Chris Hayward, Policy Chairman of the City of London Corporation, to discuss how London has been able to maintain its financial competitiveness.

Chris notes London’s economy is rebounding with a 25% increase in jobs since COVID. The Corporation, alongside Opportunity London, plans international investment tours in Saudi Arabia and Asia to attract investors. Key sectors include life sciences, technology, and financial services.

Investment in London remains strong due to its advantageous time zone, language, and legal services. The city offers unique cultural attractions, making it appealing to young professionals worldwide.Download the Ticker app

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Future of livable cities: insights from Ludo Campbell-Reid

Urban expert Ludo Campbell-Reid discusses what makes cities livable and the future of urban design post-COVID

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Urban expert Ludo Campbell-Reid discusses what makes cities liveable and the future of urban design post-COVID

In Short:
– Over half the global population lives in cities, which occupy only 1% of the Earth’s surface.
– Ludo Campbell-Reid discusses urban liveability and sustainable design in cities on *The Connector*.
Cities house over half the global population, occupying just 1% of the earth’s surface. On the latest episode of *The Connector*, host Belinda Coates interviews urban designer Ludo Campbell-Reid. With experience in cities like Melbourne, Auckland, and London, he discusses urban liveability and what makes a city thrive.
He highlights how cities are magnets for people due to their opportunities for innovation and community. Reflecting on Melbourne’s success in liveability rankings, he asserts that definitions of liveability vary among individuals. Future cities will need resilience, connectivity, and community-centered design.Download the Ticker app

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Co-living revolutionizes affordable urban living in UK

Co-living revolution in the UK fosters community, combats loneliness, and transforms housing for diverse demographics through innovative partnerships

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Co-living revolution in the UK fosters community, combats loneliness, and transforms housing for diverse demographics through innovative partnerships

In Short:
– A housing revolution in the UK focuses on co-living, led by Hub Living’s high-quality developments.
– Co-living offers affordable housing, fosters community, and addresses urban loneliness, while expanding acceptance is vital.

Across the UK, a housing revolution is unfolding, centring around co-living and led by companies like Hub Living. This movement reflects a shift in how people connect and build community in urban settings. Hub Living, under Managing Director Damien Sharkey, focuses on high-quality developments that meet social needs.

Sharkey notes that co-living is not merely a contemporary trend but rather a longstanding residential practice that provides affordable housing and mitigates loneliness. By accommodating a diverse range of tenants, co-living allows people greater access to city centres and community while retaining economic feasibility.
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