The issue of housing in Australia

The first quarter of this year was certainly active in our markets, and this is reflected by yet another interest rate rise today of .25%

Buyer demand is certainly outstripping supply,and it's times like these that we hear more and more on the news about "housing shortages" and the need for the governments to do more to increase our housing supplies.
Simultaneously home loan affordability continues to be a problem, with many home buyers now believing prices are rising so quickly that they will never get into the market.

The problem is compounded by our governments imposing ridiculous rates of stamp duty at an the entry point to a new home ; a first home buyers scheme that is a fixed dollar amount rather than a percentage of the acquisition ; a lack of tax deductablility on home loan interest paid and a totally inadequate commitment to reducing infrastructure costs and other hurdles placed on developers in order to increase land availability both now and in the future.

Forget investigating the Foreign Investment Regulations Minister , as the answers are not there.Get to the real issues and please do something about them.