HOUSING: A solution to young home-buyers’ nightmare*

As the financial burden of buying a home increases, Prime Minister Howard has formed a task force to find a solution to the growing affordability problem.The task force included a member of the Reserve Bank, representatives of all major lending institutions, and some consumer and community representatives, including Melbourne’s Rev Tim Costello.The Federal housing taskforce will be responding to the rapid rise in house prices which, in part, are the result of a confluence of government policies….

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