Queensland sticks by homebuilding target as annual completions trail pace needed

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Queensland homebuilding target

Highlights

Queensland completed 34,627 homes in the last financial year, significantly trailing the 50,000 annual pace needed to reach one million homes by 2044.
Over 52,500 homes are under construction as of the June quarter, but the sector faces risks from workforce shortages of about 20,000 workers and potential federal housing tax changes.
The government delivered 4,913 social and affordable homes in its first two years out of a 53,500-home goal by 2044, while nearly 42,000 households remain on the social housing register.

Construction pace and delivery gap

As reported by ABC News, the Queensland government says it is not backing away from its 20-year housing pledge after two years in office, even though 34,627 homes are completed in the last financial year, short of the roughly 50,000 a year needed to meet the target by 2044.

More than 52,500 homes are under construction in Queensland in the June quarter, according to Australian Bureau of Statistics data. Premier David Crisafulli says four consecutive quarters of growth show momentum, although he warns federal housing tax changes could weigh on activity and cause the sector to cool.

Housing Minister Sam O'Connor says the one million homes goal remains in place despite those headwinds. He says the target is ambitious but reflects what Queenslanders expect, while also arguing that removing some affordable housing mandates prevents projects from becoming unviable.

Workforce shortages and social housing pressure

Industry and community groups say the main constraint is no longer only land supply, but the capacity to build at the required scale. Master Builders estimates the state is about 20,000 workers short, with deputy chief executive Michael Hopkins saying skilled tradies and apprentice training are critical if Queensland is to sustain 50,000 homes a year for two decades.

The government's housing plan includes 53,500 social and community homes by 2044. It says 4,913 social and affordable homes are delivered in its first two years in power, with another 6,574 underway, and it has lifted its earlier commitment for 500 community homes on church and charity-owned land.

Advocates welcome the social housing ambition but say it does not address the full breadth of the crisis. Queensland Council of Social Service chief executive Aimee McVeigh says rising renter demand and the removal of affordable housing mandates from priority developments show a broader housing strategy is still needed, while nearly 42,000 households remain on the social housing register at the end of August.

Local opposition is also testing parts of the rollout. In Brisbane's Banyo, residents are challenging a 450-home development on a former Energex site that is being advanced through Economic Development Queensland's land activation program, although the government says well-located housing near transport and services remains a priority.

Our earlier coverage of the National Housing Expo in the Philippines explained how the DHSUD and Pag-IBIG Fund were bringing together about 50,000 housing units from partner developers, alongside on-site loan assistance and buyer discounts. We also outlined how the Expanded 4PH program aims to widen access to homeownership through higher loan limits and subsidized or promotional interest rates for eligible members.

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