Productivity Commission suggests redirecting support from first home buyers to people facing homelessness
ABCThe Productivity Commission has suggested governments phase out financial assistance for first home buyers and redirect that support to those on the brink of homelessness. Key points: The Productivity Commission's new report was tasked with looking at the National Housing and Homelessness Agreement More than 55,000 people received assistance from state governments to buy their first home in 2020 and 2021 Around 114,000 requests for homelessness services were turned away in the same time In a wide-ranging new report on housing in Australia, the commission put forward a range of recommendations it believes will ensure more people have a roof over their head. "The case for governments providing assistance to help people buy a home is not strong unless it is targeted at specific cohorts who experience persistent marginalisation in the housing market." Housing and Homelessness Minister Julie Collins insisted the federal government programs that assist first home buyers were worth the money.