Victoria has led the states and territories in setting out a detailed housing statement that it says will help tackle the state’s housing shortage.
Broad in scope and ambition, the plan includes new dwelling supply targets for Melbourne and regional Victoria, new fast-track deadlines for dwelling approvals and legislative reforms to protect private tenants.
There are also major place-based initiatives that, if successful, will transform Melbourne as a city. These include the re-purposing of its 44 high-rise public housing towers, a new planning act, as well as a freshly minted tax on short-term rentals to help fund more social housing.