Category Archives: News

FY2022 Federal Budget COVID health recovery to start with the home

PowerHousing again joined around 60 national peak leaders at the Treasury lockup for the Federal Budget in Canberra. The FY2022 Federal Budget pulls many levers to help Australia emerge from its biggest health emergency in generations, but leaves the door open for further housing measures to tackle a rapidly escalating housing affordability crisis that has […]

Top Achievers named at 2020 PowerHousing Academy Scholarships and Awards

With an address commending PowerHousing Members from Federal Housing Minister Sukkar and Federal Leader of the Opposition Anthony Albanese, some of the best individuals and teams in social and affordable housing Community Housing were recognised at the 2020 PowerHousing Awards. 2020 is different and as a result, PowerHousing Academy has created new people-focused Awards for […]

$5.3b Victorian construction stimulus to kickstart CHP led COVID recovery

The $5.3b Victorian social housing stimulus will eclipse any programs in recent history to arrest the decline in purpose built social and affordable housing with Community Housing Providers partnering with the private sector for social outcome, bolster jobs and drive the COVID recovery. Our Victorian Members are ecstatic with the announcement that after having been […]

FY2021 Federal Budget Lock

PowerHousing Australia attended a much depleted group of 50 peak bodies at Budget lockup in Canberra last night for arguably the first of five of the most challenging Federal Budgets that Australia will ever face. A key outcome from last night’s budget sought is to provide direct measures and a whole of economy response that […]

Social housing vital to the future economy

In this time of 2020 change, Exxon Mobil (Esso) will at the end of August leave the Dow Jones industrial average, which is the classic blue-chip stock index that measures investment and company performance of the top 30 companies in the US. Exxon joined the Dow Jones Industrial Average in 1928, as Standard Oil, one […]

Federal Budget submissions

The Federal government called for revised FY2021 Budget submissions to which PowerHousing has updated its FY2020-21 Budget submission in consultation with our Roundtable and Communities of Practice chairs, our Board Budget subcommittee and in consultation with peaks such as CHIA and MBA. The revised Pre-Budget Submission has a focus on supporting the Morrison Government’s plan […]

SHARP COVID stimulus proposal broadly backed

Along with other national leaders, PowerHousing Australia today backed the call for an immediate employment-boosting investment in the SHARP proposal to expand Australia’s social housing by 30,000 homes as the country experiences a wave of job losses due to Covid-19. Whilst the market for housing is going through an uncertain period there will be consideration […]

NSW Community Housing keen for lease extensions

As reported by the Australian Financial Review, the NSW government is giving community housing providers more opportunity to raise funds against the expected revenue streams of the homes they manage by lengthening the terms of lease from 3 years up to 20 years. The state Land and Housing Corporation is reported to be providing the […]