India's NBCC to develop 1,008 affordable housing units in Seychelles by 2029, part of a $75 million aid package, addressing housing shortage and strengthening bilateral ties.
The NSW government unveiled plans for 800 high-density units at the former Tweed Hospital site and increased density at East Lismore. Tweed Mayor Chris Cherry welcomed the move but urged more than 10% affordable housing, while an outreach director expressed disappointment over the lack of social housing.
Sydney's homelessness crisis is worsening, with Reverend Bill Crews and charity volunteers noting increased demand for services. Factors include rising living costs, high rents, and a shortage of social and affordable housing, despite government efforts to build thousands of new homes.
A major office-to-residential conversion in NYC was temporarily halted after steel columns buckled, highlighting engineering challenges in repurposing old buildings for housing. Experts say the incident, while concerning, underscores the need for meticulous planning rather than undermining adaptive reuse.
South Korea saw a 1.5% drop in inter-regional relocations in May, reaching a 52-year low with 466,000 people moving. The Ministry of Data and Statistics cited a decline in new housing supply as the primary cause.
Prime Minister Anthony Albanese and Opposition Leader Angus Taylor have criticized Pauline Hanson's One Nation party for its plans to slash migration, warning it could worsen skilled worker shortages. Hanson claims multiculturalism has failed and blames migration for housing and infrastructure pressures.
Migration has been a key driver of Australia's economic growth, helping avoid recession since the early 1990s except during pandemic-related border closures in 2021. The share of overseas-born residents rose to 32% in 2025 from 29.5% in 2022, according to ABS data. However, immigration has become politically contentious as Australia faces its worst housing shortage in a generation.
