By: Ray

Ray — Sun, 12 Aug 2012 11:41:14 +0000

Hi Erwin, a bit confused here, on one hand the report says “There is nothing in the Census data to support the often raised specter of urban drift from Aboriginal communities” yet one paragraph later it says “overall the town’s Aboriginal population grew by 5% over five years – 1% a year – while the non indigenous growth rate was 5.5% over the five years.”
[ED – Hi Ray, the birth rate is a contributing factor.]

By: Kevin

Kevin — Thu, 02 Aug 2012 06:20:26 +0000

My two cents to all this:
Quoted from NT Government Website http://www.housing.nt.gov.au/home_ownership
“Shared equity loan
“A shared equity loan allows you to own between 50% and 99% share of a property, based on how much you can afford to borrow. The Territory Government will own the rest of the home, up to 50% or $200 000 (whichever is less), and provides their share to you rent and interest free.”
Does this sound too good to be true, well it seems that it just might be at least for people in Alice Springs. A family on close to 70k per year gross income contacted the TIO and was told on that income they could buy a house in Alice Springs up to the value of $280k. Thats a 50/50 share of $280,000.
On searching the web for houses on sale in Alice Springs it was found that most houses start at around $350k – $400k
Quote from Website: “This new HOMESTART EXTRA package delivers more affordable housing options for low and middle income Territorians.”
Well not it seems for this family it doesn’t. I wonder who the government is talking about when they talk about Low to Middle income Territorians.

Comments on: Will Alice become a fly-in, fly-out town? Only 71 new family type homes in 5 years

By: Ray

By: Kevin