This week we saw once again efforts to improve housing affordability by doing anything other than actually building new houses.
The Liberal Party has announced that it will boost the housing supply by not actually building any new homes, but spending $5bn on “critical enabling infrastructure”.
The Opposition leader stated an “elected Coalition Government will commit $5 billion to get these projects moving, unlocking up to 500,000 homes to be delivered more quickly through a mixture of grants and concessional loans”.
It does not take long to realise this is just a $5bn gift to developers disguised as a housing policy.
Rather than spend $5bn building new homes over 5 years (which would almost be double what is currently spent building residential homes by the public sector across Australia), instead the Liberal Party proposes spending $5bn over 5 years to allow property developers to build infrastructure so that they can then sell land for a greater profit.







