1 00:00:00,280 --> 00:00:02,960 Speaker 1: Now, I think over the last couple of years, you've 2 00:00:03,000 --> 00:00:05,560 Speaker 1: heard us speak quite extensively, or certainly over the last 3 00:00:05,600 --> 00:00:07,800 Speaker 1: year or so about some of the issues that we've 4 00:00:07,800 --> 00:00:09,640 Speaker 1: got in the territory right now when it comes to 5 00:00:09,720 --> 00:00:13,400 Speaker 1: filling different jobs and some of those industries where it 6 00:00:13,440 --> 00:00:16,759 Speaker 1: has been quite difficult I suppose for people to know 7 00:00:16,880 --> 00:00:19,200 Speaker 1: to be able to fill those various positions, but also 8 00:00:19,320 --> 00:00:21,880 Speaker 1: to get people to move to the Northern Territory and 9 00:00:21,960 --> 00:00:24,920 Speaker 1: fill some of those roles. And the cost of living 10 00:00:25,000 --> 00:00:27,479 Speaker 1: has a big impact in this space. Now, what you 11 00:00:27,640 --> 00:00:30,400 Speaker 1: might not be aware of is there is actually a 12 00:00:30,440 --> 00:00:33,599 Speaker 1: program underway in the territory right now. It's called ren Choice. 13 00:00:33,880 --> 00:00:36,959 Speaker 1: It's been designed to meet the affordable housing requirements of 14 00:00:37,000 --> 00:00:39,680 Speaker 1: some of those key workers which are essential to the 15 00:00:39,720 --> 00:00:43,240 Speaker 1: growth and development of the Northern Territory's economy and community. 16 00:00:43,600 --> 00:00:45,240 Speaker 1: Now joining me on the line to tell us a 17 00:00:45,280 --> 00:00:48,440 Speaker 1: little bit more about this is Karen Walsh, who is 18 00:00:48,520 --> 00:00:52,120 Speaker 1: the CEO of Venture Housing here in the territory. Good 19 00:00:52,159 --> 00:00:53,080 Speaker 1: morning to you, Karen. 20 00:00:54,280 --> 00:00:55,400 Speaker 2: Good morning Katie. 21 00:00:55,760 --> 00:00:58,840 Speaker 1: Karen, thanks so much for your time this morning. Tell 22 00:00:58,920 --> 00:01:02,160 Speaker 1: us a little bit more about what this rent Choice 23 00:01:02,200 --> 00:01:03,000 Speaker 1: program is. 24 00:01:04,680 --> 00:01:05,839 Speaker 2: Okay, so, as you've. 25 00:01:05,720 --> 00:01:09,640 Speaker 3: Said, everybody in the territory would know that there is 26 00:01:10,240 --> 00:01:13,880 Speaker 3: an affordable housing crisis. So you know, we're looking at 27 00:01:14,600 --> 00:01:18,039 Speaker 3: the shortage of affordable housing for key workers and also 28 00:01:18,160 --> 00:01:23,120 Speaker 3: for businesses to remain viable within the territory. We actually 29 00:01:23,160 --> 00:01:27,360 Speaker 3: need to you know, stimulate the economy and attract key 30 00:01:27,400 --> 00:01:32,480 Speaker 3: workers to local communities across the territory. So this program 31 00:01:32,720 --> 00:01:36,520 Speaker 3: was designed by Venture Housen in partnership with the Anti government. 32 00:01:36,640 --> 00:01:39,759 Speaker 3: They've given us three million dollars. They've invested three million 33 00:01:39,840 --> 00:01:47,039 Speaker 3: dollars to simulate this program, and this is designed to 34 00:01:47,240 --> 00:01:51,720 Speaker 3: deliver and relieve rental housing stress for eligible key workers. 35 00:01:52,400 --> 00:01:56,520 Speaker 3: It is designed to provide them incentives to either relocate 36 00:01:56,680 --> 00:01:59,040 Speaker 3: to the NPT or to remain in the NT and 37 00:01:59,120 --> 00:02:02,440 Speaker 3: the communities that they're living in so that they receive 38 00:02:02,480 --> 00:02:06,920 Speaker 3: a subsidy to go towards their rent, either within the 39 00:02:07,560 --> 00:02:10,720 Speaker 3: property that they're currently living in that might be an 40 00:02:10,720 --> 00:02:13,960 Speaker 3: extension of that existing lease when that lease comes up 41 00:02:14,000 --> 00:02:16,360 Speaker 3: for renewal, or it might be for a new lease 42 00:02:16,480 --> 00:02:19,240 Speaker 3: in a property that they're seeking to live in. 43 00:02:19,760 --> 00:02:22,919 Speaker 1: Yeah, right, I reckon, Karen, there's going to be people 44 00:02:22,960 --> 00:02:26,080 Speaker 1: listening right now who's is pricking up going hang on 45 00:02:26,120 --> 00:02:28,560 Speaker 1: a second, Am I in an industry where I could 46 00:02:28,560 --> 00:02:32,880 Speaker 1: actually be applying for this rental subsidy? Are you able 47 00:02:32,919 --> 00:02:35,160 Speaker 1: to talk us through some of those industries which are 48 00:02:35,200 --> 00:02:36,000 Speaker 1: actually included. 49 00:02:37,400 --> 00:02:37,640 Speaker 2: Yeah? 50 00:02:37,639 --> 00:02:42,040 Speaker 3: Absolutely, So there's five key industries across the territory, so 51 00:02:43,200 --> 00:02:45,960 Speaker 3: this is actually going to be operating in Darwind, Palmerston 52 00:02:45,960 --> 00:02:47,120 Speaker 3: and Alice Springs. 53 00:02:46,720 --> 00:02:47,960 Speaker 2: Tenant Creek and Caprin. 54 00:02:48,160 --> 00:02:53,399 Speaker 3: Yes. And the industries are transport and logistics workers, automative 55 00:02:53,560 --> 00:02:58,880 Speaker 3: industry workers, construction workers, health and human services workers, so 56 00:02:59,080 --> 00:03:04,760 Speaker 3: people that are wealth workers, community aids, hospitality workers, so 57 00:03:04,919 --> 00:03:11,880 Speaker 3: people that work in retail, plubs, hotels, cafes, I could go. 58 00:03:11,960 --> 00:03:14,240 Speaker 3: We've actually got a list of over one hundred and 59 00:03:14,280 --> 00:03:16,520 Speaker 3: fifty occupations that are. 60 00:03:16,400 --> 00:03:17,880 Speaker 2: Eligible for this program. 61 00:03:18,760 --> 00:03:21,320 Speaker 3: That list is obviously too long, but that list is 62 00:03:21,320 --> 00:03:27,960 Speaker 3: available on our website, and we were actually seeing from 63 00:03:28,080 --> 00:03:33,679 Speaker 3: our applications so far that we have had people like gardeners, 64 00:03:33,760 --> 00:03:40,400 Speaker 3: truck drivers, mechanics, cafe managers, chefs, personal care assistants, community workers, 65 00:03:40,440 --> 00:03:45,720 Speaker 3: IT officers. So it's a very diverse list of workers 66 00:03:45,720 --> 00:03:49,160 Speaker 3: that are eligible because they are really essential to you know, 67 00:03:49,280 --> 00:03:53,520 Speaker 3: the operating of a thriving community and a thriving territory. 68 00:03:53,720 --> 00:03:53,960 Speaker 2: Yeah. 69 00:03:54,000 --> 00:03:57,720 Speaker 1: Wow, So the Northern Territory governments obviously invested three million 70 00:03:57,760 --> 00:04:01,760 Speaker 1: dollars for Venture Housing to be to deliver this program. 71 00:04:02,120 --> 00:04:05,440 Speaker 1: And look, I actually think that it is required. We 72 00:04:05,520 --> 00:04:09,120 Speaker 1: know right now that those rental prices for so many people, 73 00:04:09,240 --> 00:04:13,440 Speaker 1: it is incredibly high to be able to rent. It 74 00:04:13,480 --> 00:04:16,040 Speaker 1: can be tough going depending on what industry you're in. 75 00:04:16,440 --> 00:04:18,919 Speaker 1: So hopefully this is able to provide a bit of 76 00:04:18,960 --> 00:04:22,159 Speaker 1: support for some of those essential workers that we really 77 00:04:22,200 --> 00:04:25,159 Speaker 1: need to either bring to the territory or to keep here. 78 00:04:26,760 --> 00:04:30,880 Speaker 2: Absolutely, Katie. I mean looking at the. 79 00:04:30,400 --> 00:04:34,400 Speaker 3: Applications that we've assessed so far, this has only been 80 00:04:34,480 --> 00:04:37,440 Speaker 3: lie for just over a week, so just give your 81 00:04:37,600 --> 00:04:40,599 Speaker 3: sense of how it's been going. We've received one hundred 82 00:04:40,600 --> 00:04:45,760 Speaker 3: and forty applications so far. We've allocated fatures to eligible 83 00:04:45,839 --> 00:04:48,680 Speaker 3: applicants to the value of three hundred and ninety five 84 00:04:48,760 --> 00:04:53,240 Speaker 3: thousand dollars all up, and the average weekly subsidy that 85 00:04:53,279 --> 00:04:56,600 Speaker 3: we've allocated is one hundred and fifty nine dollars, So 86 00:04:56,680 --> 00:04:59,960 Speaker 3: that's over eight thousand dollars a year that those receipt 87 00:05:00,400 --> 00:05:05,080 Speaker 3: will be able to put towards their rent and we've 88 00:05:05,080 --> 00:05:08,400 Speaker 3: currently got forty seven active vouchers, so that's people that 89 00:05:08,440 --> 00:05:12,960 Speaker 3: we've issued patures too. They're currently looking for properties to rent. 90 00:05:13,680 --> 00:05:16,040 Speaker 3: And I'd also just like to say that we've been 91 00:05:16,160 --> 00:05:20,000 Speaker 3: partnering very closely with the real estate agents across the territory. 92 00:05:20,080 --> 00:05:22,080 Speaker 2: They've been fabulous. 93 00:05:21,400 --> 00:05:26,480 Speaker 3: In this this initiative, because without licensed real estate agents, 94 00:05:26,520 --> 00:05:28,080 Speaker 3: this won't be successful. 95 00:05:28,640 --> 00:05:30,400 Speaker 2: So when people do want. 96 00:05:30,160 --> 00:05:34,799 Speaker 3: To take up this, you know, this program, they must 97 00:05:34,880 --> 00:05:38,120 Speaker 3: rent through a licensed real estate agent and they actually 98 00:05:38,160 --> 00:05:40,480 Speaker 3: take a voucher to that real estate agent and that 99 00:05:40,560 --> 00:05:44,360 Speaker 3: actually demonstrates to them that they have that guarantee to go. 100 00:05:44,400 --> 00:05:48,520 Speaker 2: Towards their rent. So it is all about the viability. 101 00:05:48,600 --> 00:05:50,919 Speaker 3: And you know, if we lose the central workers in 102 00:05:50,960 --> 00:05:55,320 Speaker 3: communities think there are going to be no essential services, 103 00:05:55,760 --> 00:05:57,919 Speaker 3: it means that people aren't going to be attracted to 104 00:05:57,960 --> 00:06:01,080 Speaker 3: live in those communities. So we're actually dealing with more 105 00:06:01,120 --> 00:06:03,960 Speaker 3: than just you know, having affordability here. 106 00:06:04,000 --> 00:06:06,000 Speaker 2: This is absolutely about. 107 00:06:05,760 --> 00:06:10,480 Speaker 3: How we create driving dynamic communities across the territory. 108 00:06:10,680 --> 00:06:14,559 Speaker 1: Yeah, so Karen explain to us exactly how it works, 109 00:06:14,600 --> 00:06:16,760 Speaker 1: because I reckon there's going to be plenty of people 110 00:06:16,800 --> 00:06:20,240 Speaker 1: listening this morning that if they're not eligible themselves. They 111 00:06:20,320 --> 00:06:24,680 Speaker 1: may actually be businesses who are trying to fill positions 112 00:06:24,800 --> 00:06:26,520 Speaker 1: right now who are going to be hearing this for 113 00:06:26,560 --> 00:06:29,920 Speaker 1: the first time and thinking, goodness, me, how do I 114 00:06:30,000 --> 00:06:34,159 Speaker 1: actually utilize this program or make sure that I'm able 115 00:06:34,200 --> 00:06:37,040 Speaker 1: to utilize or get this program utilized for some of 116 00:06:37,120 --> 00:06:39,480 Speaker 1: those workers that I want to keep in the territory. 117 00:06:40,960 --> 00:06:43,800 Speaker 2: Absolutely so, we have got. 118 00:06:45,240 --> 00:06:47,400 Speaker 3: Our website has got a lot of information on it, 119 00:06:47,400 --> 00:06:50,440 Speaker 3: It's got the frequently asked questions, It's got a lot 120 00:06:50,480 --> 00:06:53,599 Speaker 3: of information about how to apply through the rentally sub today, 121 00:06:54,520 --> 00:06:57,400 Speaker 3: so our business owners can look at that and they 122 00:06:57,400 --> 00:07:00,440 Speaker 3: can tell their stuff about it. Also, if business owners 123 00:07:00,440 --> 00:07:04,039 Speaker 3: are trying to recruit staff, they could also include something 124 00:07:04,120 --> 00:07:08,039 Speaker 3: in their promotions or advertising for new employees about the 125 00:07:08,080 --> 00:07:11,760 Speaker 3: rent Choice subsidy and include a link to our website. 126 00:07:12,680 --> 00:07:15,160 Speaker 3: We have a team of people that are working on 127 00:07:15,200 --> 00:07:18,440 Speaker 3: the assessment of the applications and they are very responsive. 128 00:07:18,480 --> 00:07:21,320 Speaker 3: They get back to people and you know, answer their 129 00:07:21,400 --> 00:07:26,200 Speaker 3: questions if they're not already on the frequently asked questions information. 130 00:07:27,680 --> 00:07:31,560 Speaker 3: We we are certainly you know, wanting to get this 131 00:07:31,720 --> 00:07:33,920 Speaker 3: money out the doors so that people that are in 132 00:07:34,000 --> 00:07:37,280 Speaker 3: need of affordable housing in the private rental market can 133 00:07:37,360 --> 00:07:41,560 Speaker 3: access this. So so what people need to do is 134 00:07:41,600 --> 00:07:46,560 Speaker 3: look at our website www dot venture Housing dot org 135 00:07:46,760 --> 00:07:50,320 Speaker 3: dot au. Or they can look at our Facebook page 136 00:07:50,480 --> 00:07:55,200 Speaker 3: or LinkedIn or Instagram. There's uh, there's videos, there's lots 137 00:07:55,200 --> 00:07:59,720 Speaker 3: of information out there, or they can send an email 138 00:07:59,760 --> 00:08:02,600 Speaker 3: through our website onto that portal. 139 00:08:03,240 --> 00:08:06,600 Speaker 1: But Karen, just to be really clear, there are obviously 140 00:08:06,680 --> 00:08:08,800 Speaker 1: limits as well. You know, you can't be trying to 141 00:08:09,360 --> 00:08:12,000 Speaker 1: get this rental subsidy for somebody that's earning sort of 142 00:08:12,000 --> 00:08:14,360 Speaker 1: two hundred thousand dollars a year. There are limits here, 143 00:08:14,400 --> 00:08:15,960 Speaker 1: aren't they? Oh? 144 00:08:16,000 --> 00:08:17,280 Speaker 2: Absolutely, Katie. 145 00:08:17,320 --> 00:08:21,120 Speaker 3: So if you're a single person in a single person household, 146 00:08:21,160 --> 00:08:23,600 Speaker 3: you can earn up to one hundred thousand dollars a year, 147 00:08:23,920 --> 00:08:26,280 Speaker 3: and for a couple it's one hundred and twenty two 148 00:08:26,360 --> 00:08:30,080 Speaker 3: thousand a year, and the families it's one hundred and. 149 00:08:30,000 --> 00:08:31,440 Speaker 2: Forty four thousand a year. 150 00:08:32,120 --> 00:08:36,360 Speaker 3: So those income thresholds are much higher than the usual 151 00:08:36,440 --> 00:08:41,680 Speaker 3: affordable housing thresholds for other programs that are operating within 152 00:08:41,720 --> 00:08:47,839 Speaker 3: the territory, mainly because we are targeting specific you know, 153 00:08:48,240 --> 00:08:50,800 Speaker 3: workers that are on that list of one hundred and fifty. 154 00:08:50,880 --> 00:08:54,439 Speaker 3: Some of those occupations do earn close to one hundred 155 00:08:54,480 --> 00:08:58,959 Speaker 3: thousand dollars. And there is an eligibility calculator on our 156 00:08:59,040 --> 00:09:03,360 Speaker 3: website that people can do an initial check. When people apply, 157 00:09:03,760 --> 00:09:06,360 Speaker 3: our staff will look at all the evidence and the 158 00:09:06,360 --> 00:09:10,200 Speaker 3: information that they provide to us to ensure that they 159 00:09:10,400 --> 00:09:14,600 Speaker 3: are eligible and that they are actually a key worker. 160 00:09:14,720 --> 00:09:15,679 Speaker 2: They are eligible. 161 00:09:16,240 --> 00:09:19,600 Speaker 3: And another thing with this program is you need to 162 00:09:19,640 --> 00:09:21,080 Speaker 3: be an Australian. 163 00:09:20,559 --> 00:09:22,959 Speaker 2: Citizen a permanent residence, but. 164 00:09:23,360 --> 00:09:26,840 Speaker 3: Also you can be on a particular visa type that 165 00:09:27,000 --> 00:09:29,280 Speaker 3: gives you rights to work in Australia. 166 00:09:29,840 --> 00:09:31,400 Speaker 2: So we know there are a lot. 167 00:09:31,280 --> 00:09:34,360 Speaker 3: Of people on different types of visas that are able 168 00:09:34,400 --> 00:09:37,960 Speaker 3: to work. They are also eligible for this program, which 169 00:09:38,000 --> 00:09:41,160 Speaker 3: is really good and I know that businesses are particularly 170 00:09:41,240 --> 00:09:42,040 Speaker 3: happy about that. 171 00:09:42,440 --> 00:09:45,160 Speaker 1: And just before I let you go, Karen, because we 172 00:09:45,200 --> 00:09:46,720 Speaker 1: will have to get ready to wrap up. But before 173 00:09:46,760 --> 00:09:49,400 Speaker 1: I let you go, how much are we talking here 174 00:09:49,480 --> 00:09:53,640 Speaker 1: that some people could be eligible to actually receive depending 175 00:09:53,640 --> 00:09:56,840 Speaker 1: on their household size and that kind of thing. 176 00:09:58,280 --> 00:10:03,640 Speaker 3: The maximum eligible amount per annum is twelve thousand dollars 177 00:10:03,679 --> 00:10:07,280 Speaker 3: per household. It can be as low as I don't know, 178 00:10:07,520 --> 00:10:12,040 Speaker 3: five or six thousand, but the average that we've allocated 179 00:10:12,200 --> 00:10:16,240 Speaker 3: based on the assessments and the voucher as we've provided 180 00:10:16,280 --> 00:10:18,440 Speaker 3: to day is about eight thousand. 181 00:10:18,120 --> 00:10:20,520 Speaker 2: Dollars per eligible household. 182 00:10:21,080 --> 00:10:24,840 Speaker 3: So it's not to be sneeze that it's really significant 183 00:10:25,120 --> 00:10:28,040 Speaker 3: and you know that will actually provide that, you know, 184 00:10:28,160 --> 00:10:30,839 Speaker 3: additional money that people need to go towards their rent 185 00:10:30,920 --> 00:10:34,160 Speaker 3: or to settle into a community and to incentivize them 186 00:10:34,200 --> 00:10:37,840 Speaker 3: to actually stay working in that community and create that 187 00:10:37,960 --> 00:10:40,920 Speaker 3: business viability for their employer. 188 00:10:41,160 --> 00:10:43,120 Speaker 1: And Karen, just to make it clear for those out 189 00:10:43,120 --> 00:10:45,880 Speaker 1: there listening this morning, i'man venture housing. You guys, like, 190 00:10:45,960 --> 00:10:48,360 Speaker 1: there's not any kind of bonus or anything that. 191 00:10:48,320 --> 00:10:49,160 Speaker 2: You get for this. 192 00:10:49,160 --> 00:10:53,720 Speaker 1: This is obviously it is a government funded It is 193 00:10:53,760 --> 00:10:57,040 Speaker 1: a government funded program. And you guys are a community 194 00:10:57,080 --> 00:10:58,720 Speaker 1: housing company, aren't you. 195 00:11:00,200 --> 00:11:04,000 Speaker 3: We are a registered community housing provider. We own about 196 00:11:04,040 --> 00:11:07,480 Speaker 3: one hundred and eighty five affordable housing properties. We manage 197 00:11:07,520 --> 00:11:10,400 Speaker 3: about over two hundred properties across the territory. 198 00:11:11,040 --> 00:11:13,440 Speaker 2: And incidentally, if. 199 00:11:13,320 --> 00:11:16,439 Speaker 3: Anybody is not in one of those key worker roles, 200 00:11:16,520 --> 00:11:20,640 Speaker 3: we do have other vacancies and properties that are separate 201 00:11:20,679 --> 00:11:24,760 Speaker 3: to this program that people can express an interest for 202 00:11:25,000 --> 00:11:28,800 Speaker 3: on our website if they're looking for long term affordable housing. 203 00:11:28,920 --> 00:11:31,640 Speaker 3: That we own and manage. They can also go onto 204 00:11:31,679 --> 00:11:35,760 Speaker 3: our website and access those properties. We get quite a 205 00:11:35,840 --> 00:11:39,520 Speaker 3: high turnover because of the transient nature in some of 206 00:11:39,559 --> 00:11:43,760 Speaker 3: the communities that are housing is located in. But your 207 00:11:43,920 --> 00:11:46,280 Speaker 3: question about are we getting a bonus, No, we're not. 208 00:11:46,400 --> 00:11:51,840 Speaker 3: We're we're getting a nominal administrative fee to administer and 209 00:11:51,920 --> 00:11:55,280 Speaker 3: manage this program. We've designed it in partnership with the 210 00:11:55,320 --> 00:11:59,600 Speaker 3: Anti Government because the Anti Government is absolutely committed to 211 00:12:00,360 --> 00:12:03,000 Speaker 3: doing their part in the economic stimulus. 212 00:12:03,040 --> 00:12:05,120 Speaker 2: And this is also very much. 213 00:12:04,920 --> 00:12:09,200 Speaker 3: Aligned with Venture Hansen's purpose and our mission. So we 214 00:12:09,240 --> 00:12:11,040 Speaker 3: are doing this because that's what. 215 00:12:10,920 --> 00:12:12,640 Speaker 2: We are, you know, that's what we're about. 216 00:12:12,640 --> 00:12:15,520 Speaker 3: We're not a profit organization that is doing this to 217 00:12:16,000 --> 00:12:19,040 Speaker 3: respond to the need of people that have got, you know, 218 00:12:19,120 --> 00:12:22,920 Speaker 3: hang in rental stress, but also create more vibrant and 219 00:12:23,000 --> 00:12:25,000 Speaker 3: viable communities across the territory. 220 00:12:25,200 --> 00:12:27,760 Speaker 1: Well, and I think you know right now there's probably 221 00:12:27,800 --> 00:12:30,960 Speaker 1: more people in the territory going through that rental stress 222 00:12:31,000 --> 00:12:33,760 Speaker 1: than what a lot of us realize. Karen, I really 223 00:12:33,800 --> 00:12:36,120 Speaker 1: appreciate your time this morning. Thanks so much for having 224 00:12:36,160 --> 00:12:39,240 Speaker 1: a chat with us, and we really appreciate you telling 225 00:12:39,320 --> 00:12:42,400 Speaker 1: us a little bit more about this program. 226 00:12:42,600 --> 00:12:44,719 Speaker 3: Thank you Katie, thank you for hearing. 227 00:12:45,000 --> 00:12:45,480 Speaker 2: Thank you