Housing Australia under scrutiny with slow pace of new homes
HALF way through a Housing Australia five-year plan to build 40,000 homes, only two per cent have been completed. A report in the Australian Financial Review shows only 895 social and affordable homes in the Housing Australia Future Fund’s 40,000-home plan have been built across Sydney, Melbourne and Adelaide. And that’s two years into the five-year target. The homes built include multi-building developments delivered through partnerships between specialist affordable housing developers and community housing providers. While the absolute number is modest relative to n