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According to the 2006 census, Australia's public housing stock consisted of some 304,000 dwellings out of a total housing stock of more than 7.1 million dwellings, or 4.2% of all housing stock [3] (compared with 20% in Denmark, 46% "low rent housing" in France and 50% public housing in the UK at peak).
The Queensland Housing Commission was a Queensland Government agency which was established in 1945 under the State Housing Act 1945.The agency aimed to improve the lives of individuals and families by providing access to secure, affordable and appropriate housing.
A government response to the housing shortage was the 1945 Commonwealth State Housing Agreement, and the Queensland Housing Commission (QHC) was formed that year, tasked with building houses for rent or purchase. By 1959 the QHC had built nearly 23,000 state houses, and about 96,000 state houses were built in Australia between 1945 and 1956.
Meriton has since remained a private company, shielded from the vicissitudes of the global financial markets. A downturn in the property market in the 1970s saw Meriton withdraw some of its apartments for sale, and rent them out instead. Residential leasing now forms an important aspect of its business.
In the case of tenancy, the landlord may be a private individual, a non-profit organization such as a housing association, or a government body, as in public housing. Surveys used in social science research frequently include questions about housing tenure, because it is a useful proxy for income or wealth, and people are less reluctant to give ...
Condominium ownership is also used, albeit less frequently, for non-residential land uses: offices, hotel rooms, retail shops, private airports, marinas, group housing facilities (retirement homes or dormitories), bare land (in British Columbia) and storage. The legal structure is the same, and many of the benefits are similar; for instance, a ...
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Privatisation in Australia is the process of transiting a public service or good to the private sector through a variety of mechanisms that was commenced by the Federal Government in the 1990s, receiving bipartisan support. [1]
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