National Housing Accord

Written by Claude Haiku 4.5 from the extracted text on 16 May 2026. It can miss or misread redacted and scanned pages. Check the source before relying on it.

Treasury's National Housing Supply and Affordability Council released state-level projections for the Housing Accord (2024-25 to 2028-29), which targets 1.2 million new well-located homes nationally. The analysis reveals significant underperformance against population-proportional targets: only the ACT is projected to meet its share (106% of target), with Victoria approaching its share at 93%. All other states face substantial shortfalls—NSW at 70%, Queensland at 76%, South Australia and Western Australia both at 71%, Tasmania at 58%, and Northern Territory at 38%. The document includes baseline scenario projections of net new market supply accounting for demolitions and non-market (social and affordable) housing deliverables. The modelling indicates only ACT will deliver housing supply proportional to its population share under current policy settings.