1.2 Million Homes Target

Written by Claude Haiku 4.5 from the extracted text on 28 Feb 2026. It can miss or misread redacted and scanned pages. Check the source before relying on it.

This ministerial submission to the Housing Minister addresses whether purpose-built student accommodation (PBSA) should count toward the National Housing Accord's 1.2 million homes target. The Australian Bureau of Statistics currently excludes PBSA from its Building Activity data series—the agreed measurement standard for all jurisdictions—because shared facilities with no long-term occupancy intent fall outside the ABS's residential dwelling definition. Treasury outlines two options for separate PBSA counting: requesting the ABS develop a standalone quarterly data series backdated to 1 July 2024 (though the ABS has reservations about accuracy and estimates 8 weeks for feasibility assessment plus 4 months for production if viable), or procuring commercial property firms like Jones Lang LaSalle or Savills to collect data. Treasury notes that including PBSA would require state and territory agreement through the Council on Federal Financial Relations and could facilitate negotiations around the $3 billion New