Original article by Michael Bleby
The Australian Financial Review – Page: 4 : 22-Jul-26
A report from the Australian National Audit Office shows that the Treasury had consistently advised the federal government that the social and affordable rental homes targets of its Housing Australia Future Fund were unlikely to be met. These warnings were issued both before and after the flagship $10bn fund had been established. The Treasury cited factors such as the bulding industry’s lack of capacity to deliver on the HAFF’s initial tartget of 30,000 homes, as well as inconsistencies in the planning and regulatory systems of state governments. Housing Minister Clare O’Neil says the government welcomes independent scrutiny of its housing targets and it has accepted all five of the ANAO’s recommendations. However, shadow housing minister Andrew Bragg says the report shows that criticism of the HAFF is justified.
CORPORATES
AUSTRALIAN NATIONAL AUDIT OFFICE, AUSTRALIA. HOUSING AUSTRALIA FUTURE FUND, LIBERAL PARTY OF AUSTRALIA