The proposal would remove the Goods and Services Tax (GST) on residential building materials at the final point of sale. Under the proposal new residential buildings would be effectively exempt from GST. 

The exemption would not include renovations and additions, and the Commonwealth would compensate states and territories for any decrease in GST revenue. 

The policy would commence on 1 January 2025, and conclude after 5 years. 
 

The proposal would remove the Goods and Services Tax (GST) on residential building materials at the final point of sale. Under the proposal new residential buildings would be effectively exempt from GST. 

The exemption would not include renovations and additions, and the Commonwealth would compensate states and territories for any decrease in GST revenue. 

The policy would commence on 1 January 2025, and conclude after 5 years. 
 

The proposal would remove the Goods and Services Tax (GST) on residential building materials at the final point of sale. Under the proposal new residential buildings would be effectively exempt from GST. 

The exemption would not include renovations and additions, and the Commonwealth would compensate states and territories for any decrease in GST revenue. 

The policy would commence on 1 January 2025, and conclude after 5 years. 
 

The proposal would remove the Goods and Services Tax (GST) on residential building materials at the final point of sale. Under the proposal new residential buildings would be effectively exempt from GST. 

The exemption would not include renovations and additions, and the Commonwealth would compensate states and territories for any decrease in GST revenue. 

The policy would commence on 1 January 2025, and conclude after 5 years. 
 

Under the proposal, the Australian Government would act as a public property developer, building homes and selling them at close to cost, or retaining them to rent out as public or affordable housing.

Under the proposal, the Australian Government would act as a public property developer, building homes and selling them at close to cost, or retaining them to rent out as public or affordable housing.

Under the proposal, the Australian Government would act as a public property developer, building homes and selling them at close to cost, or retaining them to rent out as public or affordable housing.

Component 1 would establish a Federal Housing Trust (the Trust) to construct and manage dwellings in partnership with states, territories and community housing providers.

The Trust would be established outside the general government sector and would be allowed to make a profit. All funding from the Australian Government would be provided in the form of equity.

Component 1 would establish a Federal Housing Trust (the Trust) to construct and manage dwellings in partnership with states, territories and community housing providers.

The Trust would be established outside the general government sector and would be allowed to make a profit. All funding from the Australian Government would be provided in the form of equity.

Under the proposal, the Australian Government would establish an Australian Government housing trust (the Trust) outside the general government sector and provide $5 billion equity injection per year (indexed by CPI) into the Trust to fund the construction of public and affordable housing.