Property Now

The Truth About Australia’s Housing Target | 1.2 Million Homes Goal Explained


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In 2023, National Cabinet promised 1.2 million new homes in five years - but one year in, we’re already 61,000 behind and thousands of builders have collapsed.

In this episode of Property Now, Michael Carbone sits down with:

🏗 Andrew Hrsto (Owner & Founder, ALAND) — one of Sydney’s most active developers

📊 Eliza Owen (Cotality Chief Economist) — Australia’s leading property analyst

💡 Chris Ferris (Coposit CEO) — helping Australians enter the market smarter

Together they unpack:

• Why the 1.2 million target is already off track — and what needs to change now

• How rising material and labour costs are crushing project feasibility

• The skills shortage that no one’s talking about — and how it could derail housing supply

• Why ownership is slipping away and Australia could be headed for a nation of renters

• What government levers could actually work — and what developers need to deliverIt’s a raw, data-driven conversation between industry leaders and decision makers on what it will really take to fix the housing crisis.

🎧 Listen now on YouTube, Spotify or Apple Podcasts.

#PropertyNow #HousingCrisis #CoreLogic #ALAND #Coposit #AustraliaHousing #PropertyMarket

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🌟 If you have a question for the team, a PropTok you would like to send us or are interested in coming on the show, head over to our website to get in touch! https://www.coposit.com.au/resources/property-now

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🏠 This podcast is brought to you by Coposit, where $10k means you can buy a brand-new home.

To learn more about how it works and browse properties, visit: www.coposit.com.au


00:00:00 - Introduction

00:00:23 - Discussion with Economists and Developers

00:09:40 - Impact of Not Meeting Housing Targets

00:15:06 - Institutional Investment and Housing Affordability

00:18:49 - Challenges in Meeting Housing Targets

00:19:36 - Addressing the Labour Shortage in Construction

00:26:01 - Demand-side Policies and Housing Affordability

00:30:13 - Potential Impact of a Drop in Home Value

00:35:56 - Discussion on Housing Delivery and Affordability

00:36:26 - Predictions and Policy Suggestions for Housing Market


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