Peter Dutton sets up election housing contest, pledging $5 billion to fast-track construction

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Peter Dutton sets up election housing contest, pledging $5 billion to fast-track construction
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The Opposition has unveiled its Housing Infrastructure Program, designed to accelerate the construction of up to half a million homes.

A coalition government will make home ownership viable for more Australians, promising $5 billion to fast-track building projects, Opposition leader Peter Dutton says. Dutton unveiled the Coalition's Housing Infrastructure Program on Saturday, designed to expedite the construction of up to half a million homes through a mixture of grants and concessional loans.

Pressure had been mounting on the Opposition to unveil more policies ahead of next year's federal election, with housing affordability and cost-of-living front of mind for voters. Master Builder Australia chief executive Denita Wawn backed the coalition's policy, saying red tape needed to be cut. "A pause on unnecessary code changes that increase cost and complexity without meaningful improvements in standards is a positive step," Wawn said.

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