Housing groups gave mixed verdicts on the federal budget’s Housing Accord, which set an ambition of one million new homes in suitable locations across five years from 2024. Homelessness campaigners and the superannuation sector welcomed it as a potential breakthrough for affordable housing, while real estate and research bodies noted the plan offered no immediate relief and would not start for 18 months. Several called for firm targets and more detail on planning reform.
Reported by
Shannon Molloy, Realestate.com.au, 26 October 2022
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