Treasurer aims to bring home building into the 21st century with new fund for states
ABCState governments will be rewarded if they clear away red tape to unlock more modular homes, under a new federal government fund to be announced by Treasurer Jim Chalmers today. Labor's tax break for housing investors hits Senate snag Photo shows Building covered in scaffolding, construction, crane The federal government proposal is stranded in the Senate after the Coalition and the Greens both declared it would "do nothing" about housing affordability. Productivity Commission chair Danielle Wood told the ABC this was "a major constraint on ambitious to ramp up housing supply …". The 'p' word Mr Chalmers will cast his new fund as part of a broader agenda to tackle Australia's economy-wide "productivity problem." And he will lay claim to "building the next generation of productivity growth … applying new thinking to the challenge, broadening our ambitions beyond the tired slogans of scorched earth industrial relations."