October 22, 2024

‘Worse before it gets better’: housing targets in doubt

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Labor and the Coalition are both on track to miss ambitious targets to address Australia’s housing crisis, as skills shortages and sluggish planning approvals leave would-be home owners stuck renting.

The latest Deloitte Access Economics business outlook report says the Albanese government will probably deliver fewer than a million new homes by 2029 – at least 200,000 below its promised target.

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