Page 2654 - Week 06 - Thursday, 24 June 2010
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Housing—OwnPlace—Tuesday, 22 June 2010
Mr STANHOPE: I refer to your question in the Legislative Assembly on 22 June 2010 during Question Time regarding high levels of rental rebates in the ACT. I attach a copy of the relevant Hansard.
I am advised by Housing ACT that the ACT Government Policy framework for social and affordable housing is articulated in the Affordable Housing Action Plan. This plan recognises the important role played by public and community housing in the Canberra rental market. The plan also supports the expansion of affordable housing.
Canberra has the second highest median rent of all capital cities in the country (REIA December 2009 data).
A flow on effect of the high rental market is the high rate of rental rebate subsidy provided by Housing ACT. The 2010 Report on Government Services, indicates that the average rental subsidy in the ACT is $206.22 per household (compared to a national average of $120.70).
The 2010 Report data for ‘new allocations to those in greatest need’, shows that the ACT has been successful in targeting public housing to those most in need, with 91.4% of new allocations being made to those in greatest need. This compares with a national average of 66%. An inevitable result of such targeting strategies is a high rate of rental subsidy.
Housing ACT projects the amount of rental subsidies to be provided on an annual basis and includes this amount in its budget projections. The amount of annual subsidies informs the longer term financial and asset management approach adopted by Housing ACT.
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