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Australia’s housing disaster takes critical turn

April 5, 2024 - 00:10 -- Admin

The Albanese government’s target is to build 1.2 million homes over five years, requiring 20,000 homes to be built monthly. On Thursday, the Australian Bureau of Statistics (ABS) released dwelling approvals data, which suggested the construction run rate is around 40% below the government’s target, with only 12,400 homes approved for construction in February in

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