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Australia’s housing crisis forces workers to spend up to 42% of income on rent, threatening key sectors and demanding urgent policy action.
Australia’s housing crisis is now a major economic threat, with essential workers in major cities spending 31% to 42% of income on rent, forcing long commutes and contributing to staffing shortages in healthcare, hospitality, and education.
Businesses are cutting hours or closing, prompting federal and state governments to treat housing as critical economic infrastructure.
Initiatives like the Housing Australia Future Fund, rent caps, tax reforms, and planning changes aim to boost supply, with modest gains in affordability seen in the ACT.
However, Australia still needs 44,500 new social and affordable homes annually for 20 years—far exceeding current delivery rates—requiring sustained public investment, private sector involvement, and bipartisan policy stability to avoid further economic and social harm.
La crisis de la vivienda en Australia obliga a los trabajadores a gastar hasta el 42% de sus ingresos en alquiler, amenazando sectores clave y exigiendo medidas políticas urgentes.