Homes for Australia. We're building 1.2 million new homes. Helping you build, rent, buy.

 

The simple fact is that Australia has a housing shortage.

We need to build more homes, more quickly, in more parts of the country.

That's why the Albanese Government has an ambitious goal of building 1.2 million homes by the end of the decade.

We know this is a challenge, but it's a challenge we have to meet.

We need more tradies and construction workers, faster approvals and new incentives for getting the job done.

Getting this many homes built will be hard work.  It won't happen overnight. But it's the best and most lasting fix.

Our plan for 1.2 million homes means we are:

  • Training more tradies, funding more apprenticeships, growing the workforce
  • Kickstarting construction by cutting red tape
  • Providing incentives to state governments to get homes built quickly
  • Delivering the biggest investment in social housing in more than a decade to help reduce homelessness

That's how we'll deliver more homes.

And for renters doing it tough, we have increased rent assistance.

Whether you're renting, buying or building, more homes will mean more security for everyone.

 

2024 BUDGET
More workers to build more homes
$90 million to boost the number of construction workers, including 20,000 new fee-free training places.
Funding for states and territories to build more
$1 billion to the states and territories to build the roads and services needed for more homes and additional social housing.
More funding for homelessness and women escaping violence
Delivering social housing and homelessness services for those most in need.
More student housing
New regulations to require universities to increase their supply of student accommodation.
FOR BUYERS
Home Guarantee Scheme

Supporting eligible home buyers to buy a home sooner. The scheme includes three types of Guarantees: the First Home Guarantee, the Regional First Home Buyer Guarantee and the Family Home Guarantee, supporting people to buy a home with a smaller deposit – in some cases as little as 2%.

Help to Buy

Too many people are working hard and saving, but still struggling to afford a deposit. Under Help to Buy, the government will provide a contribution of up to 40% for 40,000 low- and middle-income households to purchase a home of their own. Help to Buy is currently before the Parliament.

FOR RENTERS
A better deal for renters

Strengthening renters' rights across Australia - minimum rental standards, limiting rent increases to once a year & requiring genuine, reasonable grounds for eviction.

Rent assistance for concession card holders, family tax benefit

Labor has delivered the biggest increase to Rent Assistance in more than 30 years.

More social and affordable homes for renters

40,000 new social and affordable rental homes through the $10 billion Housing Australia Future Fund and the National Housing Accord.

SOCIAL AND AFFORDABLE HOUSING
National Agreement on Social Housing and Homelessness

This agreement provides $9.3 billion to states and territories to combat homelessness and build and repair social housing.

Social Housing Accelerator

$2 billion to help states and territories build 4,000 homes.

More homes for women escaping violence

Our Housing Australia Future Fund includes funding for 4,000 homes for women and children fleeing domestic violence or older women at risk of homelessness. And we’re investing $100m in crisis and transitional housing.

We’re also targeting $1 billion under the National Housing Infrastructure Facility towards crisis and transitional accommodation for women and children fleeing domestic violence, and youth.

Finance to increase supply of social and affordable housing

Housing Australia brings together all levels of government, institutional investors, lenders, community housing providers, faith-based organisations, private-sector developers and construction companies to facilitate and deliver more social and affordable housing.