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flag Australia's government explores new housing solutions beyond taxes to tackle affordability.

flag Australian Treasurer Jim Chalmers said the government is focusing on housing affordability beyond tax reform, calling it a key intergenerational challenge. flag In an interview with Nobel laureate economist Joseph Stiglitz, Chalmers discussed the need for innovative solutions. flag 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. flag While the government has not committed to tax changes, it continues exploring alternative approaches to improve housing access.

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