HOUSING MARKET
Labor launches $435m boost to ease WA’s dire house shortage
Rita Saffioti is keeping the exact size of her $2 billion plus surplus secret for a few more hours, but will use WA’s iron ore and gold royalties windfall to fund a $434.5 million housing blitz.
The West Australian can reveal that Perth’s housing shortfall is the main target of Thursday’s mid-year Budget update that will include $234m for social and affordable housing, enough to build 329 new homes and refurbish 91 others.