Tuesday, 31 August 2010

Back to the 1980s with housing

The oft forgotten part of the Labor Government's economic stimulus program was the boost given to providing more government owned housing. Building approval figures out from the Bureau of Statistics show that in the year ended July public dwellings have provided the greatest share of the total since the mid 1980s..
In the 12 months to the end of July this year, of the total dwellings approvals of 170,824, public housing accounted for 15,597 or 9.1% of the total. The last time public housing reached this level was back in August 1984.
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