Restoring the Australian Dream of Home Ownership:

Australia is facing an escalating housing crisis. Every year, home ownership becomes less attainable, with increasing numbers of Australians projected to spend their lives unable to purchase a home. Rising property prices, limited housing supply, and growing investor demand have created a market that no longer serves ordinary families.

Our National Housing Campaign is a large-scale, practical response designed to dramatically increase housing supply, reduce prices, and restore home ownership as an achievable goal for working Australians in a short period.

A $400 Billion National Housing Investment:

We will establish a $400 billion government financing program to support the centrally coordinated construction of 600,000 new homes, together with the roads, utilities, schools, and other essential infrastructure required to support new communities.

The program will be delivered over six years, reflecting both the urgency of Australia's housing crisis and the scale of the response required. Representing one of the largest housing construction initiatives in Australian history, this program is designed to rapidly increase housing supply while building the infrastructure and workforce needed to support long-term housing affordability.

Investing in Australia's Construction Workforce:

Housing cannot be built without skilled workers. To ensure the industry has the capacity to deliver this ambitious program, $80 billion (20% of the total investment) will be dedicated to expanding Australia's construction workforce.

This investment will fund apprenticeships, vocational education, trade training, and workforce development initiatives, helping to address labour shortages while creating long-term employment opportunities across the country.

Prioritising Home Ownership:

The primary objective of this program is simple:

One family, one home.

Homes built under this initiative will be reserved for owner-occupiers. To ensure public investment benefits Australian families rather than speculative investors, strict ownership restrictions will apply.

Housing constructed under this program cannot be:

1. Purchased as a secondary or investment property.
2. Purchased by for-profit corporations, institutional investors, or private equity firms.
3. Acquired for speculative investment purposes.

These restrictions will not apply to registered community housing providers, housing organisations, disability housing providers, or other recognised not-for-profit organisations.

These protections ensure that publicly financed housing increases owner-occupancy while continuing to support Australians who rely on social, affordable, or specialised housing services.

Strengthening Social Housing:

Not every Australian is in a position to purchase a home. To address Australia's ongoing shortage of affordable housing, 8% of all homes constructed (approximately 48,000 dwellings) will remain permanently owned by the government as part of the national social housing stock.

This will help meet current demand while preparing for future housing needs, reducing waiting lists and improving housing security for vulnerable Australians.

Affordable Pricing:

The remaining homes will be sold to eligible buyers at 10% above the total construction cost.

This pricing model is substantially below typical private market margins while still generating sufficient revenue to help offset the financing costs of maintaining the social housing portfolio that is part of the programme.

The objective is not to maximise government profit, but to provide affordable housing while ensuring the long-term financial sustainability of the program.

Funding the Program:

The initial $400 billion investment will be funded through fair taxation of Australia's mining industry, ensuring that a greater share of the wealth generated from Australia's natural resources is invested back into the Australian people.

Rather than treating housing as a source of government revenue, this initiative treats housing as essential national infrastructure.

The Commonwealth will provide financing through a dedicated government lending facility. As completed homes are sold to eligible owner-occupiers, the proceeds will be returned to the program, allowing a substantial proportion of the initial investment to be recovered over time.

Interest rates on program financing will be independently determined by the administering authority, with the objective of keeping borrowing costs as low as responsibly possible.

This revolving financing model is designed to:

1. Recover much of the initial public investment.
2. Minimise the long-term burden on taxpayers.
3. Allow future housing construction to be financed with recycled capital.
4. Ensure the program remains financially sustainable over the long term.

Our Goal:

Housing should be treated as a fundamental necessity, not simply as a financial asset.

By dramatically increasing housing supply, investing in Australia's construction workforce, expanding social housing, ensuring Australia's natural resource wealth is invested in its people, and prioritising owner-occupiers over speculative investment, this program aims to restore affordable home ownership, reduce pressure on housing prices, and provide lasting housing security for future generations of Australians.