Related reports and documentsInquiry into population growth in Australia's smaller cities https://www.ahuri.edu.au/research-in-progress/Inquiry-intopopulation-growth-in-Australias-smaller-cities AHURI AHURI is a national independent research network with an expert not-for-profit research management company, AHURI Limited, at its centre. AHURI's mission is to deliver high quality research that influences policy development and practice change to improve the housing and urban environments of all Australians.Using high quality, independent evidence and through active, managed engagement, AHURI works to inform the policies and practices of governments and the housing and urban development industries, and stimulate debate in the broader Australian community. AHURI undertakes evidence-based policy development on a range of priority policy topics that are of interest to our audience groups, including housing and labour markets, urban growth and renewal, planning and infrastructure development, housing supply and affordability, homelessness, economic productivity, and social cohesion and wellbeing. AHURI Limited also gratefully acknowledges the contributions, both financial and in-kind, of its university research partners who have helped make the completion of this material possible. DisclaimerThe opinions in this report reflect the views of the authors and do not necessarily reflect those of AHURI Limited, its Board, its funding organisations or Inquiry Panel members. No responsibility is accepted by AHURI Limited, its Board or funders for the accuracy or omission of any statement, opinion, advice or information in this publication. AHURI journalAHURI Final Report journal series is a refereed series presenting the results of original research to a diverse readership of policy makers, researchers and practitioners. Peer review statementAn objective assessment of reports published in the AHURI journal series by carefully selected experts in the field ensures that material published is of the highest quality. The AHURI journal series employs a double-blind peer review of the full report, where anonymity is strictly observed between authors and referees.
Following election of a new national government in November 2007, Australian housing policy is undergoing major reform under the leadership of the first dedicated national Housing Minister since 1996. A new intergovernmental agreement to frame future housing policy and drive major reform of social housing commenced in 2009. The Australian Government has also embarked on a variety of major housing initiatives that include: offering subsidies to private investors in new affordable rental housing; subsidising costs of residential development where savings are passed to homebuyers; and national partnership agreements, which incorporate targets to improve housing in remote Indigenous communities and to significantly reduce homelessness. As well, investments in additional social housing and cash assistance to first homebuyers have featured strongly in economic stimulus packages that are designed to offset domestic impacts of the global financial crisis. An increase of over 220 per cent in national government expenditure on housing over the period 2008/09 to 2011/12 indicates the magnitude of change. This paper documents Australia's new policy settings and examines the reform directions critically in the context of the ongoing debate in the housing literature about the role of national housing policy in increasing the supply of affordable and appropriate housing, economic development, wealth creation and social welfare.Australia, national housing policy,
Purpose-The purpose of this paper is to use the example of public housing renewal public-private partnerships (PPPs) to build knowledge on whether social infrastructure PPPs may appeal to the private sector as a less risky investment in a time of global financial uncertainty. Design/methodology/approach-The research is based on an international literature review and a limited number of semi-structured interviews with social housing PPP participants in England, the USA and Australia. These interviews were conducted by Dr Gilmour as part of his doctoral research in 2008. Findings-The familiar distinction between social and other forms of infrastructure PPPs has been found to be unhelpful in the case of public housing renewal. This type of PPPs, through their cross-subsidisation model, face relatively high revenue risk during a recession. However, the commitment of the public sector to the social goals of such projects suggests contract negotiation rather than default is likely if problems occur. PPP risks need to be understood by studying their detailed contract terms, rather than by broad categorisations. Research limitations/implications-This paper provides a grounded discussion rather than detailed research findings. Only a small number of projects are included and they are not necessarily representative. Cross-national comparison is challenging because of different housing policies and economic conditions. Originality/value-This paper fills a gap in the literature by both contrasting approaches to a particular type of social infrastructure PPP in different countries, and by making an early assessment of the likely impact of recent turbulence in financial and property markets.
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