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flag Australia’s housing crisis forces workers to spend up to 42% of income on rent, threatening key sectors and demanding urgent policy action.

flag 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. flag Businesses are cutting hours or closing, prompting federal and state governments to treat housing as critical economic infrastructure. flag 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. flag 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.

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