This could include guaranteeing a minimum rate of return to investors, tax incentives or offering capital grants, new research commissioned by Rest suggests.
The government should guarantee minimum returns on affordable housing investments to superannuation funds, and revamp planning laws if it wants to tap Australia’s $3.4 trillion retirement savings pool to finance projects, according to a new report.
Super funds need better guarantees on returns if the government wants them to finance social housing, according to new research.such as projects that boost housing supply. He wants them to invest in Labor’s national housing accord, announced last year, which aims to build 1 million new homes in the next five years, including at least 10,000 social and affordable housing properties.
Nearly 50 per cent of institutional investment in the Netherlands and Switzerland is in residential real estate, according to Frontier Advisers, as is around 25 per cent in the US and 10 per cent–20 per cent in Denmark, France, Sweden, Germany, Finland and Japan. In Australia, it is just above zero per cent.“Rest has been an investor in institutional residential developments overseas since 2014.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Chalmers’ highwire act: Balancing the books while helping low-income homesThe Federal Treasurer faces the difficult task of offering those doing it tough some cost of living relief while not hurting the budget’s bottom line.
Read more »
Lucky Chalmers is showered with budget rivers of goldThe surge of good news on revenues is temporary. The bad news on spending isn’t, writes Chris Richardson.
Read more »
Barry Humphries laid to rest in private Southern Highlands ceremonyComedian Barry Humphries was farewelled yesterday at a private funeral in the Southern Highlands region of New South Wales. Those close to the 89-year-old say he had battled inoperable cancer before his death last week. They say hip replacement surgery conducted in February fast-tracked the comedian's death. The Victorian Government is in talks with his family to hold a state funeral.
Read more »
Whoopi Goldberg and Joy Behar will ‘regret’ applauding Tucker Carlson’s exitThe View hosts Whoopi Goldberg and Joy Behar have been warned by Rubin Report host Dave Rubin they will “regret” their applause after being “very excited” about Tucker Carlson leaving Fox News. “I would say congratulations to Whoopi and Joy and the rest of them that you are not going to have to talk about Tucker for a week or two,” Mr Rubin told Sky News host Paul Murray. “But trust me, on the other side, you are going to regret that applause. “Tucker is going to come back bigger and stronger than ever – he is going to be massive.”
Read more »
Lucky Chalmers is showered with budget rivers of goldThe surge of good news on revenues is temporary. The bad news on spending isn’t, writes Chris Richardson.
Read more »
Chalmers’ highwire act: Balancing the books while helping low-income homesThe Federal Treasurer faces the difficult task of offering those doing it tough some cost of living relief while not hurting the budget’s bottom line.
Read more »