Home Property Australia Chief Executive | Housing target bullseye

Chief Executive | Housing target bullseye

  • February 14, 2024
  • by Mike Zorbas
Retirement communities are a key component of achieving the National Housing Accord

Some types of homes provide a bonus to the nation.

Such housing brings a social good or opportunity or creates a community-wide saving over time, beyond the immediate benefit of sheltering individuals or families.

Social housing is a good example.

Retirement villages and purpose-built student accommodation (PBSA) are also good examples of high community benefit housing. 

As our Retirement Living Council argues in its FY25 Federal Budget submission:

“Given retirement communities provide age-friendly accommodation that can delay residents’ entry into aged care facilities and generate $945 million in annual savings for the commonwealth government, government should prioritise this housing type”.

The RLC recommends the inclusion of retirement communities as a key delivery component of achieving the National Housing Accord of 1.2 million homes by 2029.

This would provide more housing suitable to an ageing population and free up more housing for growing families. Double dividend.

Similarly, specific targets for PBSA housing would have a positive effect.

The PBSA sector plays a vital role in providing safe, high amenity housing for students who might otherwise be competing in the private rental market and supports our biggest service export.

Enriching our housing goals by maximising community benefit at the same time as increasing supply is a no-brainer.

Celebrating excellence with RLB

Each year leaders emerge who blaze a path forward for our industry. They create projects that enrich our cities and suburbs. 

It’s time to celebrate those great feats and great people again by nominating for our prestigious Innovation and Excellence Awards, delivered in partnership with the Rider Levett Bucknall team since 1982. Amazing.

And building on our commitment to celebrate not just projects but the people who bring them alive, our People in Property Awards are also live. 

The starter’s gun has been fired in QueenslandVictoria and New South Wales.

Let the nominating begin!