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This book, the first comprehensive overview of housing policy in Australia in 25 years, investigates the many dimensions of housing affordability and government actions that affect affordability outcomes. It analyses the causes and implications of declining home ownership, rising rates of rental stress and the neglect of social housing, as well as the housing situation of Indigenous Australians. The book covers a period where housing policy primarily operated under a neo-liberal paradigm dominated by financial de-regulation and fiscal austerity. It critiques the broad and fragmented range of government measures that have influenced housing outcomes over this period. These include regulation, planning and tax policies as well as explicit housing programs. The book also identifies current and future housing challenges for Australian governments, recognizing these as a complex set of inter-connected problems. Drawing on its coverage of the economics, politics and administration of housing provision, the book sets out priorities for the transformational national strategy needed for a fairer and more productive housing system, and to improve affordability outcomes for the most vulnerable Australians.
Drawing together leading urban academics, this book provides the first detailed and cohesive exploration of contemporary urban regeneration in Australian cities. It explores the multiple aspects and processes of regeneration, including planning policy (strategic and regulatory), development financing, sustainability, remediation and transport. The book puts forward a unique and innovative ‘scaled’ analysis of urban regeneration, which positions urban regeneration as more than just large-scale redevelopment projects. It examines the processes of urban change which occur outside inner suburbs, which contribute to regenerating the city as a whole. The book moves beyond the planning and economic considerations of the regeneration process to describe the social and cultural aspects of regeneration. In doing so, it focuses on the management of higher-density environments, culture as a trigger for regeneration, and community opposition to the regeneration process. Urban Regeneration in Australia would benefit academics, students and professionals of urban geography and planning, as well as those with a particular interest in Australian urbanism.
Hybrid Organisations – that integrate competing organisational principles – have become a preferred means of tackling the complexity of today's societal problems. One familiar set of examples are organisations that combine significant features from market, public and third sector organisations. Many different groundbreaking approaches to hybridity are contained in this Handbook, which brings together a collection of empirical studies from an international body of scholars. The chapters analyse and theorise the position of hybrid organisations and have important implications for theory, practice and policy in a context of proliferating hybrid forms of organisation.
The impact of neoliberal governance on indigenous peoples in liberal settler states may be both enabling and constraining. This book is distinctive in drawing comparisons between three such states—Australia, Canada and New Zealand. In a series of empirically grounded, interpretive micro-studies, it draws out a shared policy coherence, but also exposes idiosyncrasies in the operational dynamics of neoliberal governance both within each state and between them. Read together as a collection, these studies broaden the debate about and the analysis of contemporary government policy. The individual studies reveal the forms of actually existing neoliberalism that are variegated by historical, geographical and legal contexts and complex state arrangements. At the same time, they present examples of a more nuanced agential, bottom-up indigenous governmentality. Focusing on intense and complex matters of social policy rather than on resource development and land rights, they demonstrate how indigenous actors engage in trying to govern various fields of activity by acting on the conduct and contexts of everyday neoliberal life, and also on the conduct of state and corporate actors.
Housing is one of the most pertinent issues of our time. Shaped by rapid urbanization, financialization, and various changes in demography, technology, political ideology and public policy, the provision of affordable, adequate, and suitable housing has become an increasingly challenging feat. From high-rise apartment towers constructed in global cities around the world to informal settlements rapidly expanding across the global south, this volume focuses on how political, economic, and societal changes are shaping housing in a variety of contexts.
Over the last two decades new and significant demographic, economic, social and environmental changes and challenges have shaped the production and consumption of housing in Australia and the policy settings that attempt to guide these processes. These changes and challenges, as outlined in this book, are many and varied. While these issues are new they raise timeless questions around affordability, access, density, quantity, type and location of housing needed in Australian towns and cities. The studies presented in this text also provide a unique insight into a range of housing production, consumption and policy issues that, while based in Australia, have implications that go beyond this national context. For instance how do suburban-based societies adjust to the realities of aging populations, anthropogenic climate change and the significant implications such change has for housing? How has policy been translated and assembled in specific national contexts? Similarly, what are the significantly different policy settings the production and consumption of housing in a post-Global Financial Crisis period require? Framed in this way this book accounts for and responds to some of the key housing issues of the 21st century.
Australia’s Unintended Cities identifies and researches housing and housing-related urban outcomes that are unintended consequences of other policies, the structure of incentives and disincentives for the housing market, and governance arrangements for metropolitan areas and planning and service delivery. It is argued that unintended consequences have a greater impact on the housing market and Australia’s cities and their future than policies directly concerned with housing, urban policy and metropolitan strategic planning. The book will inform policy makers, including government officials, consultants and politicians. It will also be used by academics and students in various areas of urban policy, such as housing and urban planning, as well as environment, public policy and economics.
Books on green building theories, principles and strategies applicable to life cycles of all kinds of buildings and building types are already widely available. However, those specifically on greening affordable housing that guide various housing stakeholders at different life cycles are still very limited. This book intends to fill this gap. Integrating green building enables stakeholders to address the environmental component that has not traditionally been seen as an integral part of affordable housing development. The book presents theories and principles with practical methods, strategies and processes not only to make affordable housing green but also to support economic stability and social equity.
The challenges of affordable housing are manifold. However this presents an opportunity to private investors, real estate companies, and developers. With the growing global trend for impact-based investments, many institutional investors have begun to consider the merits of this asset class. This book examines not only the profitability of these assets, but also whether these assets rely on government subsidy. It discusses why investors have become more interested in this product and which investment criteria influence the financial performance of these assets. The authors employed a mixed method approach to collect data at two tiers, first through surveys and afterwards through interviews of 8 firms (3 publicly listed companies, 3 private equity companies, 1 foundation, and 1 state bank) across Germany, the United Kingdom, and the United States. Investment criteria are analyzed using inferential statistics, specifically the Hierarchical Algorithm Cluster Analysis. The financial characteristics of the companies are examined and compared using descriptive statistics and the qualitative interview output is explored using the thematic Latent Coding Analysis. Furthermore, the book explains how the bond-like nature of affordable housing is a profitable impact investment option, and how this strategy is particularly worthwhile for institutional investors. It also describes that profitability of affordable housing products is not dependent on subsidy. Still, affordable housing products supported by government incentives in the United Kingdom and United States are most attractive. The book illustrates six important investment strategies identified by veterans in this field to have an influence on the financial feasibility of affordable housing products.