Housing affordability is one of the most pressing challenges facing families and individuals in our community. Whether you’re a first-home buyer, a renter, or someone struggling to find secure housing, I understand how critical this issue is to your quality of life.
I’m committed to ensuring that everyone in our community has access to affordable, secure, and suitable housing. A safe and stable home isn’t just a basic need—it’s the foundation for a better future for individuals, families, and our society as a whole.
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We’re Building 1.2 Million Homes by 2030
The simple fact is that Australia has a housing shortage.
We need to build more homes, more quickly, in more parts of the country.
That's why the Albanese Government has an ambitious goal of building 1.2 million homes by the end of the decade.
We know this is a challenge, but it's a challenge we have to meet.
We need more tradies and construction workers, faster approvals and new incentives for getting the job done.
Getting this many homes built will be hard work. It won't happen overnight. But it's the best and most lasting fix.
How We’re Making It Happen:
More Tradies, More Jobs: Training more tradies, funding more apprenticeships, growing the Construction workforce
Faster Approvals: Kickstarting construction by cutting red tape and Providing incentives to state governments to get homes built quickly
Social Housing Investment: Delivering the largest investment in social housing in over a decade to reduce homelessness.
Support for Renters: Increasing rent assistance for those doing it tough.
This plan isn’t just about building homes; it’s about building security and opportunity for all Australians.
The Housing Australia Future Fund
I’m proud to support the creation of the $10 billion Housing Australia Future Fund—a transformative initiative to increase social and affordable housing stock while creating thousands of jobs across the country.
Over the first 5 years the investment returns will build around:
Build 20,000 social housing properties, including 4,000 for women and children fleeing domestic violence and older women at risk of homelessness.
Deliver 10,000 affordable homes for frontline workers like nurses, teachers, and first responders.
This investment will directly support 21,500 full-time jobs across the construction industry and broader economy, per year, over 5 years, nationwide – one in 10 direct workers on site will be apprentices.
In addition to this, a portion of the investment returns will be available to fund acute housing needs in perpetuity. This funding will be used for additional crisis, transitional and long-term social housing in parts of the country with the greatest need.
In the first 5 years these investment returns will fund:
$200 million for housing repairs and upgrades in remote Indigenous communities.
$100 million for crisis and transitional housing for women and children fleeing domestic violence.
$30 million to build housing and services for veterans experiencing or at risk of homelessness.
This initiative provides long-term funding to address acute housing needs in areas where it’s needed most.
Real Action, Real Results
Affordable housing is about more than bricks and mortar—it’s about giving families stability and dignity. It’s about creating opportunities for every Australian to thrive.
I will continue to advocate for practical solutions that deliver real outcomes, from increasing social housing stock to addressing homelessness and supporting renters, buyers, and builders. Together, we can create a future where housing is affordable and accessible for all.