Coalition’s New $5 Billion Housing Initiative Under Fire
In the lead-up to the federal election, housing has become a central issue as the Coalition pledges a $5 billion investment to address infrastructure delays in building 500,000 new homes. This initiative targets essential services like sewage, water, and power, aiming to support the housing supply. However, the government has criticized the plan as inadequate, arguing that it undermines Labor’s commitment to constructing 1.2 million homes over the decade.
Prime Minister Albanese has called for support of his housing legislation, which has been stalled in the Senate for over 200 days due to opposition from Peter Dutton and the Greens. As the housing crisis continues, voters may hold the Prime Minister accountable for purchasing a luxury home amid these challenges.