The Epoch Times
The Epoch Times
AD
The Epoch Times
Support Us
Australia News

Fruits of Government’s Signature Housing Fund Revealed

Fruits of Government’s Signature Housing Fund Revealed
Construction workers are seen onsite at a combined residential and commercial development in Surry Hills of Sydney, Australia on June 24, 2024. Lisa Maree Williams/Getty Images
AAP
AAP
1/31/2025|Updated: 1/31/2025
0:00

Australia’s home-ownership dream will slip further out of reach without urgent investment, the sector warns as the government unveils the first fruit of its multi-billion-dollar social and affordable housing fund.

With only 180,000 homes built in the past year, Australia is falling well below the 240,000 needed annually to meet demand, the Housing Industry Association (HIA) said as it revealed its pre-budget wishlist.

AAP
AAP
Author
Australian Associated Press is an Australian news agency.
Author’s Selected Articles
Israeli President Cancels Visit to Melbourne Synagogue Over Security Concerns
Feb 12, 2026
Israeli President Cancels Visit to Melbourne Synagogue Over Security Concerns
Victorian Premier Denies Turning Blind Eye to CFMEU Corruption
Feb 11, 2026
Victorian Premier Denies Turning Blind Eye to CFMEU Corruption
Albanese Pushes Israeli President on Australian Aid Worker’s Death
Feb 11, 2026
Albanese Pushes Israeli President on Australian Aid Worker’s Death
Victoria Moves to Allow Up to 20-Storey Developments in High-Activity Suburbs
Feb 11, 2026
Victoria Moves to Allow Up to 20-Storey Developments in High-Activity Suburbs
Add to My List
Save
The Epoch Times
Copyright © 2000 - 2026 The Epoch Times Association Inc. All Rights Reserved.