Developers have rushed to secure $350 million on offer from the Queensland government to fast-track the construction of new apartments and townhouses, sparking fresh calls to incentivise housing supply through tax reform.
The applicants represent projects that would deliver more than 12,000 new homes and 4000 lots as the state scrambles to respond to the critical undersupply of dwellings underpinning the affordability and availability crisis. She called on the government to permanently adopt the pilot fund as an annual offering and increase it from $350 million to $500 million.“Queensland’s got a really unique set of challenges right now because of demand, and we’ve got a top-heavy infrastructure pipeline.
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