Exclusive: Acoss report shows property investors received $12.3bn in tax concessions in 2025, while the share of social housing dropped to a record low

Australia spends billions of dollars more on tax breaks for property investors than on social housing, homelessness and rent assistance combined, according to research by the Australian Council of Social Service (Acoss).

The analysis comes as new data from the Productivity Commission reveals the share of homes dedicated to social housing has dropped to a record low 3.6%, from 5.7% in the 1990s.

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