Multibillion Dollar Boost to Fast-Track Home Building

Published on May 11, 2024

Women and children fleeing domestic violence, the homeless, and the young are set to benefit under a multibillion-dollar cash injection in the federal budget to build more homes and build them quicker. The government will pour $11.3 billion (US$7.5 billion) into housing initiatives, with the backing of the premiers and chief ministers who attended a National Cabinet meeting on May 10. About $1 billion (US$0.66 billion) will be directed towards crisis and transitional accommodation for women and children escaping domestic violence and young people. Grants provided under the National Housing Infrastructure Facility to build these homes will increase from $175 million (US$116 million) to $700 million (US$463.6 million)....

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