Federal government’s housing target slips further behind schedule | ABC NEWS

The federal government is set to miss its target of building 1.2 million homes by the end of 2030. It comes as developers, builders, and investors wait to see whether the housing market will settle or fall further in the wake of interest rate rises and an overhaul of the tax system. The federal government says house prices are expected to return to growth when interest rate pressures settle, with state-level planning reforms hoped to further improve the pace of construction.

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