Under pressure from surging interest rates and rising rents, the Federal Government unveiled a raft of policies in its 2022-23 Budget designed to show that the Government recognises the growing pressure on families and households, and is doing something about it.
Unfortunately, these policies will do little to fix neither the short-term problem facing households, nor the long-term problem of a shortage of new homes and affordable rental properties. This shortage has been caused by a lack of i…