Urban Taskforce CEO, Tom Forrest, today said that this week’s meeting of National Cabinet, and its
focus on the states’ delivery against the Housing Accord commitments, required a significant
financial commitment from the Commonwealth to incentivise the States to undertake the planning
reforms needed to build more housing.
The Commonwealth get all the benefits of immigration: increased income tax; increased
company tax; increased employment and economic growth. The states cop the costs: delivery of
housing supply; new roads, water and sewage; new schools, hospitals and public open space.
The Federal Government has far greater financial capacity to establish local infrastructure funding
pools to support the infrastructure that supports housing. They must share the load of
accommodating population growth.
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