In last night’s federal budget, Treasurer Jim Chalmers announced a “new housing accord” that would aspire to “build one million new, well located homes over five years from 2024”:
The ambition of this Accord is big and it’s bold – an aspiration to build one million new, well located homes over five years from 2024.
Most of this supply needs to come from the market, not the government. But there’s a role for government, and we intend to play a leading role – by coordinating and kick-starting the investment we know needs to happen.
