The Albanese government’s target to build 1.2 million homes over five years was always unrealistic. The current record level for housing construction over a 12-month period was 223,600 in 2017, which was 7% below Labor’s annual target level of 240,000 homes. The notion that Australia could magically build 240,000 homes a year for five consecutive
The post Labor’s housing target lands in Never-Never Land appeared first on MacroBusiness.