Dubbo residents still have time to share their thoughts on housing affordability and supply as part of an ongoing parliamentary inquiry.
The House of Representatives Standing Committee on Tax and Revenue has started an inquiry into housing affordability and supply in Australia.
It's an issue Dubbo Regional Council has already flagged as a concern for the local government area.
In June, council hosted a housing supply forum with local stakeholders to identify steps that could be taken. At the time, mayor Stephen Lawrence said housing supply and affordability was one of the most important issues council was dealing with.
Council is looking at ways it can take a leadership role in the area.
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The Standing Committee on Tax and Revenue chair Jason Falinski said the inquiry would investigate the impact of tax and regulatory regimes on price, affordability, and supply of housing in Australia "today as well as into the future".
Similar to Dubbo council, it will also identify the factors that are impeding a good housing supply and examine the effectiveness of strategies that have already been used by other organisations.
"As data provided by the Reserve Bank of Australia, the Treasury and the Australian Bureau of Statistics shows, home ownership, one of the building blocks of Australian society, has been falling for the last 30 years. In my view, this represents an urgent moral call for action by governments of all levels to restore the Australian dream for this generation and the ones that follow," Mr Falinski said.
"Arguments about the impact of increased subsidies and tax concessions on housing have continued for some time. There is ample evidence that points to the small effect such measures have on supply, indeed the research points to limitations on land and restrictive planning laws as the major causes of shortages in supply.
"As consistently noted by the RBA and others, regulatory settings are directly responsible for the unresponsive nature of housing supply in Australia."
Submissions can be made by individuals or organisations. They close on September 13.
The preferred method of receiving submissions is by electronic format lodged online using a My Parliament account.
For further information on the inquiry, or to make a submission, head to the committee's website.
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