Scott Morrison looks to London to solve housing affordability crisis

By Michael Koziol
Updated January 22 2017 - 10:08pm, first published 5:18pm
A housing bond aggregator, successful in Britain, was the leading recommendation of a report to state and federal treasurers in December.
A housing bond aggregator, successful in Britain, was the leading recommendation of a report to state and federal treasurers in December.
"This is an extraordinarily high priority for the PM": incoming assistant minister Michael Sukkar, who will have responsibility for housing affordability. Photo: Andrew Quilty
"This is an extraordinarily high priority for the PM": incoming assistant minister Michael Sukkar, who will have responsibility for housing affordability. Photo: Andrew Quilty

The Turnbull government appears to be moving toward establishing a government backed-bond vehicle for affordable housing as Treasurer Scott Morrison heads to Britain to seek guidance on Australia's housing affordability crisis and Prime Minister Malcolm Turnbull prioritises the issue.