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Byron Shire
June 26, 2024

Affordable housing

Latest News

Cinema: Despicable Me 4

With the school holidays fast approaching it’s time to rev up the kids to see the ever-lovable Minions in the first Despicable Me movie in seven years.

Other News

Rising Tide activists head to Justine Elliot’s office with kayaks

Today saw just over 40 people kayak from John Follent Park in Tweed Heads to Faux Park in South Tweed, before walking close to a one km with their kayaks to the Labor Member for Richmond's Office to demand an end to new fossil fuel projects.

Curtains up on Byron High’s debut musical

After many months of hard work and rehearsing, Byron Bay High School students and staff  are about to perform...

New restaurant opening

Commune Canteen (previously Barrio), is bringing the vibrant spirit of Mediterranean daytime eateries to Byron Bay. A visionary project...

Lismore starts a global wave of peace

A global wave of peace was started in Lismore on Sunday when 50 locals gathered to make a human peace sign. 

Finding freedom concert for refugees June 30

More than 80 Northern Rivers singers and musicians will perform on June 30 at the Mullumbimby Civic Hall in a massive fundraiser to help settle refugee families in the region.

Cinema: Despicable Me 4

With the school holidays fast approaching it’s time to rev up the kids to see the ever-lovable Minions in the first Despicable Me movie in seven years.

Len Bates, Mullumbimby

Bill Shorten announced an affordable-housing package on the weekend. It gives developers $8,500 every year for 15 years ($127,500 per unit ) if they build units and charge 20 per cent less rental than market value.

What a rort! For a start, market value is whatever you can get for the rent. There is no set market price a reduction can be compared to. This is similar to the NSW state governmnent scheme that KOHO use in their many Kollective units in the Shire. KOHO are supposed to reduce rents by 20 per cent and in return they get lots of benefits including only having to provide one carpark for every two units.

The 20 per cent decrease in rent is only for ten years and then they can charge whatever they like and/or sell the units at market price.

In Sunrise Estate the rentals for a single-bedroom unit are between $400 and $450 a week. How that is supposed to be affordable is beyond me. This ALP policy announcement does nothing to help with affordability, nor does it do anything to help anyone buy their home.

This policy is a ruse for not dealing with the real issue that would make a big difference to housing afford-ability – abolishing negative gearing, a tax-deduction scheme that just helps the rich get richer.

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