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Prime Minister's Office
National Cabinet met in Brisbane today to deliver on a range of priorities for Australians, with a focus on more secure and affordable housing.
Delivering more housing supply is a vital part of National Cabinet’s plan to ensure communities thrive as they grow. All governments recognise the best way to ensure more Australians have a safe and affordable place to call home is to boost housing supply.
That’s why National Cabinet has agreed to an ambitious new national target to build 1.2 million new well-located homes over five years, from 1 July 2024. This is an additional 200,000 new homes above the National Housing Accord target agreed by states and territories last year.