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Housing Crisis Deepens Amid New Funding | Perth News

Housing Crisis Deepens Amid New Funding | Perth News

Published 1 month ago
Description

The government just poured $300 million into crisis and transitional housing, targeting 500 new homes by 2029—specifically for women and children fleeing domestic violence. But with the nation on track to miss its broader goal of 1.2 million homes by 2029 (now projected for late 2030), critics are sounding alarms. The $10.9 billion Housing Australia Future Fund has delivered just 1,400 homes so far—far below its 40,000 target. Meanwhile, MPs Nicolette Boele and Allegra Spender are pushing for a national definition of “affordable” housing, arguing that inconsistent definitions risk misdirecting taxpayer funds—and Treasury is now weighing the financial impact of different models.

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This is an automated, high-level news summary based on public reporting.
Sources:
https://www.perthnow.com.au/news/politics/emergency-housing-on-the-way-as-more-action-urged-c-22867327

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