Housing

Housing completions fall short of Labor’s target

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Senator Andrew Bragg

Liberal Senator for New South Wales

Publish Date
January 21, 2026
 
2
min read

Labor’s target to build 1.2 million new homes is a dead duck.

New ABS data for the September 2025 quarter shows Labor fell 15,000 homes short of what’s needed to meet their own housing target. Not a single State or Territory is meeting the mark.

                     Progress on Housing Target - September quarter 2025

​Source: ABS, National Housing Accord, and calculations.



When it comes to housing, Labor is all spin and no substance. Completions for the quarter were 44,242, down 1.2% on the year. On a rolling 12-month basis, completions totalled just over 174,000, down 2.3% and well short of what’s required.

Labor’s housing failure is costing taxpayers $60 billion to build fewer homes than before. Under the former Coalition Government we averaged around 190,000 completions a year.

Instead of unlocking supply, Anthony Albanese and Clare O’Neil have built a housing bureaucracy that fuels the housing crisis and is locking Australians out of home ownership.

After almost four years, Labor will never fix housing.

[Ends]

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