The Truth About Australia’s Housing Target | 1.2 Million Homes Goal Explained

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Property Now

Coposit

78 episodes

1 day ago

Property Now is your go-to guide to the Australian property market. Each episode brings together the experts such as developers, agents, brokers and even buyers to unpack what’s really happening in the world of Aussie real estate.

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The Truth About Australia’s Housing Target | 1.2 Million Homes Goal Explained

Property Now

44 minutes 30 seconds

1 month ago

The Truth About Australia’s Housing Target | 1.2 Million Homes Goal Explained

In 2023, National Cabinet promised 1.2 million new homes in five years - but one year in, we’re already 61,000 behind and thousands of builders have collapsed.

In this episode of Property Now, Michael Carbone sits down with:

🏗 Andrew Hrsto (Owner & Founder, ALAND) — one of Sydney’s most active developers

📊 Eliza Owen (Cotality Chief Economist) — Australia’s leading property analyst

💡 Chris Ferris (Coposit CEO) — helping Australians enter the market smarter

Together they unpack:

• Why the 1.2 million target is already off track — and what needs to change now

• How rising material and labour costs are crushing project feasibility

• The skills shortage that no one’s talking about — and how it could derail housing supply

• Why ownership is slipping away and Australia could be headed for a nation of renters

• What government levers could actually work — and what developers need to deliverIt’s a raw, data-driven conversation between industry leaders and decision makers on what it will really take to fix the housing crisis.

🎧 Listen now on YouTube, Spotify or Apple Podcasts.

#PropertyNow #HousingCrisis #CoreLogic #ALAND #Coposit #AustraliaHousing #PropertyMarket

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🌟 If you have a question for the team, a PropTok you would like to send us or are interested in coming on the show, head over to our website to get in touch! https://www.coposit.com.au/resources/property-now

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00:00:00 - Introduction

00:00:23 - Discussion with Economists and Developers

00:09:40 - Impact of Not Meeting Housing Targets

00:15:06 - Institutional Investment and Housing Affordability

00:18:49 - Challenges in Meeting Housing Targets

00:19:36 - Addressing the Labour Shortage in Construction

00:26:01 - Demand-side Policies and Housing Affordability

00:30:13 - Potential Impact of a Drop in Home Value

00:35:56 - Discussion on Housing Delivery and Affordability

00:36:26 - Predictions and Policy Suggestions for Housing Market