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AAP
AAP
Business
Jacob Shteyman

Australia falls further behind housing supply target

Latest figures show Australia is falling behind its bid to build 1.2 million homes by 2029. (Joel Carrett/AAP PHOTOS)

Australia is more than 112,000 homes behind its target of 1.2 million by mid-2029, new building data shows.

The nation's builders have completed 307,635 homes since the commencement of the national housing accord in the third quarter of 2024, the Australian Bureau of Statistics reported on Wednesday.

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