Worldwide Housing Shortage New Opportunities, page-2

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A commitment to build 1.2 million homes over 5 years, and more incentives for states to build. We already have a national agreement with states and territories to build more homes - the National Housing Accord. Today we made that commitment even stronger, with states and territories agreeing to build 1.2 million homes by the end of the decade. And the federal government will kick in incentives to help states get there.
Planning reforms so we can build more quality homes, more quickly. States and territories will change planning laws to build more homes closer to where people want to live and work. It’ll mean people can be closer to public transport and reliable services, and connected to their friends and family. It builds on the work we've already doneelivering $2 billion to states and territories to deliver more social housing.Funding 10,000 affordable rentals as part of our National Housing Accord.Helping community housing providers deliver more homes.Helping more Australians buy their own home sooner with a smaller deposit.