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Dutton Unveils $5 Billion Plan to Boost Housing Supply

The Coalition proposes a housing infrastructure program to expedite the development of 500,000 homes, challenging Labor's existing initiatives.

  • Peter Dutton announced a $5 billion Housing Infrastructure Program aimed at fast-tracking the construction of 500,000 homes through grants and concessional loans.
  • The plan includes temporary funding for essential infrastructure like water, power, and sewerage to accelerate development projects.
  • The Coalition's proposal comes amidst criticism of the Albanese government's handling of the housing crisis, with Dutton accusing them of failing young Australians.
  • Labor leaders criticized the plan, arguing it does not compensate for proposed cuts to social and affordable housing spending.
  • Industry groups have shown support for the Coalition's approach, particularly its focus on reducing red tape and freezing changes to the National Construction Code.
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