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Australia’s housing targets hurt by Middle East war as targets slip nationwide

A national shortfall of over 61,000 homes is projected by 2029 due to supply-chain disruptions, labour shortages, and higher costs, according to the National Housing Supply and Affordability Council.

Summary by SBS News
Australia is predicted to meet its national housing accord target of 1.2 million new homes by June 2030 — one year later than scheduled.

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Australian Financial Review broke the news in Sydney, Australia on Tuesday, March 24, 2026.
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