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$1.5 billion target for regional housing infrastructure: Coalition - Media Release

Regional Australians will receive their fair share under the Coalition’s $5 billion home building plan, with a target of 30 per cent of the funding to be invested to unlock new homes in regional, rural and remote Australia.

Member for Mallee Dr Anne Webster confirmed that a future Coalition Government would set an ambitious target of 30 per cent of the $5 billion Housing Infrastructure Programme for investing in the regions, benefiting areas such as Gannawarra, Goldfields, Mallee, Sunraysia and Wimmera districts.

“Under Labor, Australia is facing a housing crisis and the great Australian dream of owning a home has never felt further out of reach,” Dr Webster said.

“One of the major impediments to new housing projects is the lack of funding for critical-enabling infrastructure.

“The Coalition will invest in shovel-ready infrastructure through our new Housing Infrastructure Programme. Funding will enable infrastructure such as water, power, sewerage and access roads and on a time-limited basis to give councils the incentive they need.”

“An elected Coalition Government’ $5 billion investment will get housing projects moving, unlocking up to 500,000 homes across Australia and we want a fair share of that funding in regional Australia.”

A Coalition Government will also free up more than 100,000 homes by:

• Reducing migration numbers, compared to Labor who has brought in more than one million migrants in their first two years in office.

• Putting a two-year ban on foreign investors and temporary residents purchasing existing homes.

• Working with the building and construction industry and bringing in people on skilled visas to support local tradies.

• Tackling union corruption that has contributed to driving up the costs of building by 30 per cent.

• Freezing further changes to the National Construction Code to ease red tape and compliance burdens for builders.

Anne Webster MP