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Australia's government explores new housing solutions beyond taxes to tackle affordability.
Australian Treasurer Jim Chalmers said the government is focusing on housing affordability beyond tax reform, calling it a key intergenerational challenge.
In an interview with Nobel laureate economist Joseph Stiglitz, Chalmers discussed the need for innovative solutions.
Stiglitz proposed expanding government housing supply—citing Vienna’s model with up to 60% in subsidized housing—and stronger taxes on land and capital gains.
While the government has not committed to tax changes, it continues exploring alternative approaches to improve housing access.
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El gobierno de Australia explora nuevas soluciones de vivienda más allá de los impuestos para abordar la asequibilidad.