SACOSS Full Budget Analysis Welcomes Government Investment in Housing
The South Australian Council of Social Service released its full budget analysis report today, highlighting the welcome investment in housing as the most significant part of the budget.
The budget contained funding for a range of housing measures specifically welcomed by SACOSS, including: $187m over four years for new or expanded Housing Trust initiatives, $6m for inter-city homelessness services, $24m to assist housing design and workforce, and $3.4m (net) for the establishment of the portable rental bonds scheme, as well as longer term funding of over $2.3b for supply and infrastructure.
Most of these measures were promised in the lead-up to this year’s state election, but their specific funding in the budget is a significant step forward for housing and a keeping of trust with the South Australian electorate.
Beyond housing issues, the SACOSS Budget Analysis welcomes some specific cost of living measures, considers announcements on health and community services through the prism of prevention and early intervention, provides important analysis of the promised indexation of community sector funding, and considers the broader economic indicators and the implications of state debt on the funding of vital services.
Overall, the SACOSS Budget Analysis runs more than 50 pages, and contains:
- an analysis of the major economic indicators,
- all budget measures relevant to the community services sector and to vulnerable and disadvantaged South Australians
- selected departmental spending on key programs over 10 years, and
- additional commentary from over a dozen specialist community sector peak bodies.
The SACOSS Budget Analysis is available on its website.
Quotes attributable to Dr Catherine Earl, SACOSS CEO
We knew this budget would mainly be about delivery of the government’s state election commitments, but the housing outcomes are particularly welcome.
Housing supply and affordability are some of the biggest issues facing our state at the moment, and they impact most on those with the lowest incomes to afford housing.
This budget is a significant step forward in housing policy, but obviously there remains more to do – most obviously to continue the current public housing build in the long term (currently not budgeted for) and a broader suite of rental reforms to go with the welcome promise of portable rental bonds.
There is also much more to say about the budget, and we believe that our Budget Analysis is a comprehensive consideration of key issues of relevance to our sector and to vulnerable and disadvantaged South Australians.