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Chalmers Reaffirms 1.2 Million Home Target Following Treasury Doubts

He has called an August Productivity Roundtable uniting states, territory governments with industry in a push for red-tape reforms to accelerate construction

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Overview

  • Partially unredacted Treasury files released under freedom-of-information showed officials warned the National Housing Accords would not be met and suggested reviewing Housing Australia.
  • After one year the housing program is 55,300 homes behind schedule.
  • Jim Chalmers announced an August Productivity Roundtable to bring business leaders, unions and regulators together to focus on resilience, productivity and sustainability in home building.
  • Housing Minister Clare O’Neil vowed to slash regulatory barriers to speed up approvals and boost housing supply.
  • Acting Coalition housing spokesman James Paterson said the Treasury warning confirms Labor will fail to meet its target and called for an annual building rate of 250,000 homes.