Article 6YMFK Jim Chalmers insists Labor can meet target of 1.2m new homes despite department warning

Jim Chalmers insists Labor can meet target of 1.2m new homes despite department warning

by
Tom McIlroy Chief political correspondent
from World news | The Guardian on (#6YMFK)

Treasurer relaxed' about error that saw advice accidentally shared with ABC but says he will not make full unredacted document public

Treasurer Jim Chalmers insists Labor is ambitious enough to meet its policy of building 1.2m new homes by 2030, despite his own department warning the federal government's goals will not be met.

Calling housing shortages one of the defining challenges" facing the Australian economy, Chalmers downplayed advice from Treasury officials saying the current policy settings would not deliver the new homes and warning Labor would need to increase taxes to make the budget more sustainable.

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