Clare O'Neil's housing dud faces audit

Housing minister Clare O’Neil continues her blame game and propaganda tour, this time taking aim at the Greens for “blocking” the construction of new homes:

O’Neil’s latest attack follows the dismal dwelling construction data released this month by the ABS, which showed that completions fell by 2% in 2024-25 and were tracking 65,970 (27%) below the Albanese government’s annual housing construction target:

The policy in question is Labor’s $10 billion Housing Australia Future Fund (HAFF), which aims to build 40,000 social and affordable homes by 2028 and it is part of the government’s target of building 1.2 million new dwellings over five years.

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.

Clare O’Neil’s housing dud faces audit