National housing goals face hurdles despite 7 per cent rise in construction

National housing goals face hurdles despite 7 per cent rise in construction

Australians forked out more than $24.2 billion on home construction in the latest three-month reporting period, but experts warn building activity must significantly escalate to meet the federal government's goal to build 1.2 million homes by 2029.

Top executives in the construction industry have little faith in the government's goal of facilitating the construction of 130,000 homes by 2030. - Very hairy, says the Obos boss.