Housing has long been recognised as an issue that no state government can address on its own. Participation by federal and local governments, as well as community and not-for-profit providers and private industry, is required for a balanced system that reduces cost and maximises choice.
In 2020, 1 in 5 (200,000) households were estimated to need some form of housing assistance from the WA Government. By 2030, 45,000 additional households are likely to need assistance.
Strategic justification
Housing affordability is an entrenched structural issue across Australia, influenced by economic and social conditions that sit outside the housing market, including population growth, household economics and access to finance. Australia is currently facing a period of peak demand for housing – amplified by the COVID-19 pandemic – affecting those most susceptible to price increases, who may be forced out of rental and ownership markets. WA’s social housing asset base is also ageing, inefficient and often misaligned with community need. A substantial proportion of state-owned housing stock is approaching end-of life. Without substantial ongoing investment and maintenance, operating costs will continue to increase, and assets will be lost at a rate greater than can be replaced.