20230816001831443885 original

Australia’s housing supply boosted, rent increases limited after national cabinet meeting

Key Points
  • An additional 200,000 homes have been promised to expand Australia’s housing supply.
  • National cabinet also agreed to a measure to limit rent increases to once a year.
  • There was also discussion on developing a national policy on evictions.
Australia’s housing target will be increased as part of a plan agreed to by state and territory leaders at national cabinet.
Prime Minister Anthony Albanese announced 1.2 million new homes would be built in the next five years, starting from July 2024.

The new target is an extra 200,000 homes on top of what was previously pledged as part of the…

Read more on sbs.com.au

About bourbiza

Bourbiza Mohamed is an award-winning travel journalist who has been writing about her adventures around the world for over a decade. With a passion for exploring new cultures and experiencing different ways of life, Bourbiza Mohamed has traveled to over 107 countries across six continents and has documented her journeys in numerous publications. Bourbiza Mohamed writing is known for its vivid descriptions and personal anecdotes, which transport readers to the destinations she writes about. Her articles cover a wide range of topics, from off-the-beaten-path adventures to luxury travel experiences, and she has a particular interest in sustainable tourism and responsible travel. In addition to her writing, Bourbiza Mohamed is also an accomplished photographer, capturing stunning images of the people, landscapes, and wildlife she encounters on her travels. Her photos have been featured in publications such as National Geographic, Lonely Planet, and Conde Nast Traveler.

Check Also

22dc china wzbg facebookJumbo

U.S. and China Agree to New Economic Dialogue Format

The United States and China have created a new structure for economic dialogue in an …

Leave a Reply

Your email address will not be published. Required fields are marked *