We'll Contact You



We'll contact you as soon as possible.   Send

Marcelle and Shane, the co-founders of NPAG, are driven by making a positive difference in their clients lives by assisting them to invest with confidence. NPAG was born over a coffee, after Marcelle and Shane realised that they were both EXTREMELY PASSIONATE about property investment and, that between them they had a wealth of knowledge, both being seasoned property investors. They decided that their goal was to create 10,000 property millionaires this decade. Let them help you be one!

Housing Crisis to Worsen, Group Warns

The federal government has been warned Australia's housing crisis will worsen if it goes ahead with cuts to help fund the natural disaster recovery.

A coalition of housing and community groups met in Canberra today to discuss cutting 15,000 new affordable dwellings to help fund the summer floods and cyclone Yasi recovery.

Australia has the least affordable housing in the developed world, the groups note, and cuts to The National Housing Affordability Scheme will only make the crisis worse.

"The program is the only major long-term program for overturning this crisis," Chair of the National Affordable Housing Summit Julian Disney told reporters.

"You can't turn this scheme on and off like a tap," he said, noting the cuts only offer "trivial" savings to government of $90 million over three years.

The Australian Council of Social Service says the move will hamper Labor's workforce participation agenda.

"If there is one support that people who are out of paid work need it is stable affordable housing," CEO Cassandra Goldie said. "Without it you will really struggle to support people to find a job and stay in it."

The Australian Greens will lobby government against cutting the program that provides incentives to developers and landlords to provide rentals for low-income earners.

"We recognise the urgent need to begin reconstruction in Queensland, but we don't want to see housing affordability cut in the process," housing spokesman Scott Ludlam said.

The party's support for the floods levy could "potentially" be tied to the program, he added.

Source: Sydney Morning Herald, February 8, 2011

Back to News