Australia's opposition proposes $5 billion infrastructure plan to boost housing development

The Australian opposition has proposed a $5 billion plan to improve infrastructure for housing developments. This funding aims to enhance essential services like sewerage, water, and power, which local governments identify as major barriers to housing. Opposition housing spokesperson Michael Sukkar highlighted that the investment would enable local councils to upgrade roads and other infrastructure. This could facilitate the approval of thousands of new homes and additional community facilities, such as schools and shopping areas. Sukkar noted that this infrastructure funding has been lacking in recent years, contributing to a backlog of 500,000 homes that could be developed quickly.