Julie Collins (Franklin, Australian Labor Party, Minister for Small Business) Share this | Hansard source

I say to the member opposite: the issue here in Australia is that we do have a supply issue. We have fewer homes per thousand people in Australia than the OECD average, and that has been going on for a long period of time, which is why we need to build more, which is what the National Housing Accord is about. It's an ambition to build a million homes from 1 July 2024. We have an agreement with the states and the territories, and with the construction sector, to actually get these homes up and running. We have the states that are going to respond to the National Cabinet, and the planning ministers are also going to meet on unlocking supply so that we can put downward pressure on housing prices. That is what we are doing.

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