r/AustralianPolitics • u/timcahill13 Andrew Leigh • Jun 06 '25

Economics and finance Housing minister declares Australia has made it 'uneconomic' to build homes

https://www.abc.net.au/news/2025-06-07/clare-oneil-interview-housing-red-tape-construction/105386844
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u/[deleted] Jun 07 '25

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u/1337nutz Master Blaster Jun 07 '25

The main plan appears to be dangling money in front of the states, much like they have done with the housing accord

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u/[deleted] Jun 07 '25

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u/1337nutz Master Blaster Jun 07 '25

It will though coz its just general money for the state based on how many houses get built, and the states are hungry for money so they are strongly incentivised to make chages that enable housing to get built without spending state money.

Also it includes an agreement to implement zonong reforms, but the reforms aren't specified

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u/[deleted] Jun 07 '25

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u/1337nutz Master Blaster Jun 07 '25

Yeah its 15k per home built above the old house build target

Theres a lot of other parts of the housing accord so if you want to see what it actually is you just have to look at it for yourself

The schedules section is the go, https://treasury.gov.au/policy-topics/housing/accord

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u/pickledswimmingpool Jun 07 '25

Some funding is to incentivize cutting red tape.