BUD­GET WRAP-UP

Highfields' Own - - Real Estate -

build­ing more homes over the com­ing years.

Specif­i­cally, the trea­surer said $1 bil­lion would be spent on the cre­ation of a Na­tional Hous­ing In­fra­struc­ture Fa­cil­ity which would hope­fully ad­dress some of the choke-points that are im­ped­ing hous­ing de­vel­op­ment in cer­tain ar­eas.

Mr Mor­ri­son said the gov­ern­ment is work­ing to un­lock un­used de­fence land in Melbourne in or­der to erect more prop­er­ties in the area.

In ad­di­tion, Mr Mor­ri­son said the gov­ern­ment would seek to de­liver tens of thou­sands of new homes in west­ern Syd­ney as part of the West­ern Syd­ney city deal.

The gov­ern­ment also an­nounced its plans to fund cer­tain rail and air projects.

No­tably, the Fed­eral Gov­ern­ment said it would de­liver $1.2 bil­lion to West­ern Aus­tralia in or­der to fund the Metronet project and ex­pand the Perth rail sys­tem.

But while the new fund­ing was con­sid­ered a win for West­ern Aus­tralia, the state’s trea­surer, Ben Wy­att, said West­ern Aus­tralia weren’t go­ing to be cel­e­brat­ing any time soon.

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