• The cumulative target shortfall since the start of the Accord is 11,116 dwelling units. [...] IPA analysis of today’s ABS data also shows that the average number of monthly approvals for this year so far has been just 13,690, which is only slightly above the levels of the early 1980s at 13,076. [...] Previous research by the IPA has also established: • The current federal government has overseen a record increase in population growth, with approximately 1.15 million net migrants entering the country since the last election in May 2022. [...] • This is already 62 per cent more than the previous record, set during the first term of the Rudd- Gillard government, when net overseas migration was just under 711,000. [...] But without a plan to provide the housing and critical social services for old and new Australians alike, the federal government is setting Australia up for economic and social disaster,” said Mr Wild.
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