Victoria continues to punish the homeless

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Victoria has emerged as Australia’s homeless epicentre.

Victoria has the lowest share of social housing in Australia, accounting for just 2.8% of total residences. This is significantly below the 4.1% national average, which is already considered low by international standards.

Victorian social housing

Last year, The Guardian reported that Victoria’s social housing stock expanded by only 74 units in four years “despite a huge waiting list” that “has grown by about 45% – from about 44,000 applications in June 2018 to 64,168 in June 2022”.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.