Affordable Housing Policy and Planning Professor Peter Phibbs Urban Research Centre

Outline How are we performing NRAS Current trends Opportunities

Rent and Sales report Annual percentage change in rents –2 bedroom all dwellings: –September quarter 2011 –Sydney SD: 7.1 % –Outer ring: 6.1% –Blue Mountains 12% –Campbelltown 9.3%

NRAS Recently announced the results of round 4 17,000 NRAS entitlements Mixture of for profit and not for profit with western sydney housing associations such as Hume, Affordable Community Housing and BlueChp being successful Some concern about the future of the scheme in an era of a tight Federal Budget

Trends Some consensus about the important role of not for profits Greater engagement of the banks Some consensus about concerns for affordable housing

Tax Some renewed interest during the tax summit about some tax reforms around housing Some discussion about negative gearing although politically difficult Some more discussion about removing stamp dutyb

Opportunities Affordable Housing Taskforce Review of the planning act Defend NRAS Community Land Trusts