A coalition government will make home ownership viable for more Australians, promising $5 billion to fast-track building projects, Opposition leader Peter Dutton says. Dutton unveiled the Coalition's Housing Infrastructure Program on Saturday, designed to expedite the construction of up to half a million homes through a mixture of grants and concessional loans. If elected, the coalition would temporarily fund water, power and sewerage to move the projects along as part of the commitment.
"This is a game-changer for young Australians who can't see the opportunity yet to own a home," Dutton told reporters in Perth. 'Nothing short of alarming': The full-time workers being priced out of the rental market Noting it did not usually fall to the federal government to fund enabling infrastructure, he pledged to pay councils, utility companies or developers to fast-track development. The bodies must use the money within a year.
"Under the Albanese government, Australia is facing a housing crisis. The great Australian dream of home ownership has never felt further out of reach," he said. "We need to get our country back on track and restore the Australian dream of home ownership.
" Australia will fall 166,000 houses behind construction targets, new modelling shows But Housing Minister Clare O'Neil said the promise did not make up for the coalition's planned cuts to spending on social and affordable housing. "Peter Dutton is taking with one hand and giving with the other. It's a card tric.
