Australia's housing target at risk as builders hit capacity

AI Article: Perplexity Google Lens
Rising costs and tight margins are forcing Australian builders to shelve projects, with home completions lagging behind the government's 1.2 million homes by 2029 target and nearly 70% of apartments approved since 2020 yet to break ground.

#News #Reuters #Newsfeed #AustraliaHousing #HousingCrisis #AustraliaRealEstate #HomesTarget #HousingShortfall #AustralianProperty #BuildingCosts #HousingAffordability #HousingPolicy #BreakingNews #AustraliaNews #PropertyMarket #Construction #2026 #RealEstate #HousingSupply #SydneyProperty #AustralianEconomy

Read the story here: https://reut.rs/4xzxN6e

👉 Subscribe: https://reut.rs/4b8fRGn

Keep up with the latest news from around the world: https://www.reuters.com/
Follow Reuters on Facebook: https://www.facebook.com/Reuters
Follow Reuters on X: https://twitter.com/Reuters
Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en
Posted by Fast News in Default Category 18 hours, 20 minutes ago  ·  Public

Comments (0)

New Videos

AI Article