Budget 2017: Govt finds $300 mln for emergency housing

Mon, 07 Nov 2016

By Pattrick Smellie Nov. 7 (BusinessDesk) - The government has announced $300 million in emergency housing, $120 million of which will be available to buy motels, build short term modular housing, and allow construction of temporary housing on Crown land earmarked for roads and schools in the more distant future. The decision is the government's latest salvo in the politically charged area of housing policy, in which both unaffordability and short supply are combining to squeeze low income and first home buyers out of the market. Prime...

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