<

>

Housing is the issue raised with me most consistently across Moore. The pressure is real — for first home buyers, for renters, for families trying to stay near schools and support networks. This Budget takes several practical steps to increase supply.

$2 billion Local Infrastructure Fund

The single biggest housing measure in this Budget is a new $2 billion Local Infrastructure Fund to build the essential infrastructure new housing developments need.

What it funds:

Water connections
Power infrastructure
Sewerage
Roads and street networks

What it delivers:

Support for up to 65,000 new homes over the decade
Takes total government investment in housing-enabling infrastructure to $6.3 billion

This funding is conditional on states and territories committing to pro-housing reforms including faster approvals, more land released and simplification of the National Construction Code.

Housing for young people at risk

$59.4 million to help Community Housing Providers house over 4,000 young people aged 16–24 who are at risk of or experiencing homelessness. Stable housing at that age changes life outcomes.

Renters

The Government continues working with states and territories through the Better Deal for Renters framework. Most states have now:

Banned ‘no grounds’ evictions
Limited rent increases to once per year
Set minimum rental standards

Commonwealth Rent Assistance maximum rates have increased by over 50 per cent since March 2022.

First home buyers

The 5% Deposit Scheme continues. Since 2022, it has helped more than a quarter of a million Australians into home ownership. The Budget adds to this with the housing-related tax reforms covered in the next blog.

Housing won’t be solved in one Budget. But we have to keep adding supply and giving more people a genuine shot at ownership.

<

Previous