
The Brumby Labor Government unveiled a two-pronged approach to put housing within the reach of more Victorians, with $86.2 million in 2008-09 State Budget initiatives designed to free up more land more quickly and to improve access to public housing for people on low-incomes.
The Minister for Housing Richard Wynne said the initiatives announced today built on the biggest single investment in public housing by any State Government in Australia – $510 million for 2350 affordable homes – announced in last year’s State Budget.
“The Brumby Labor Government understands the pressure that finding a home can exert on Victorian families, and we are taking action,” Mr Wynne said.
“Housing affordability is an issue across the nation. In Victoria, the Brumby Labor Government is committed to taking the practical steps to put housing within reach of more Victorians.”
The Minister for Planning Justin Madden said the Premier, John Brumby, had made housing affordability a Victorian Government priority, announcing reforms earlier this year to free up more land and to simplify and reduce the costs of housing development.
“Victoria’s population is growing faster than predicted and the Brumby Labor Government is taking action to deliver sustainable growth and build strong, new communities,” Mr Madden said.
“Earlier this year the Premier announced key reforms to help reduce the cost of new land, to cut development time and red tape and to build sustainable new communities with the services Victorian families need.”
Brumby Labor Government housing initiatives in the 2008-09 State Budget are: