Jim Chalmers insists Labor can meet target of 1.2m new homes despite department warning

14/07/2025 03:22 The Guardian

Treasurer ‘relaxed’ about error that saw advice accidentally shared with ABC but says he will not make full unredacted document publicFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastTreasurer Jim Chalmers insists Labor is ambitious enough to meet its policy of building 1.2m new homes by 2030, despite his own department warning the federal government’s goals will not be met.Calling housing shortages “one of the defining challenges” facing the Australian economy, Chalmers downplayed advice from Treasury officials saying the current policy settings would not deliver the new homes and warning Labor would need to increase taxes to make the budget more sustainable.Sign up for Guardian Australia’s breaking news email Continue reading...

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