National Cabinet met today to discuss housing reforms and agree practical measures to deliver secure and affordable housing to Australians.
First Ministers have bolstered their commitment to critical housing reform measures, by agreeing to sign the new five-year National Agreement on Social Housing and Homelessness, which will commence on 1 July 2024. The agreement reflects a shared commitment to improving social housing and addressing homelessness for Australians.
In addition, the Commonwealth will provide a further $1 billion in upfront funding to states and territories for enabling infrastructure in order to expedite housing development, and new social housing supply.
National Cabinet also acknowledged the importance of safe and accessible accommodation for women and children fleeing family and domestic violence.
The Commonwealth will target $1 billion in funding under the National Housing Infrastructure Facility towards crisis and transitional accommodation for women and children fleeing family and domestic violence and for young people. State and territory governments will work in partnership with the community housing sector to ensure this funding reaches those who need it most.
Australians expect all levels of government to take action to address housing supply and affordability challenges. The Commonwealth, States and Territories are working together to build more homes that are safe and affordable for Australians.
Final details of the agreement will be worked through over the coming weeks.
This media statement has been agreed by First Ministers and serves as a record of meeting outcomes.