Housing announcement with (left to right) Cr Kevin Beatty, David Littleproud and Sam Farraway.
Regional Australia will receive its fair share of the Coalition’s $5 billion home building plan, with a target of 30 per cent of the funding to be invested to unlock new homes in regional, rural and remote Australia.
Leader of The Nationals David Littleproud announced that a future Coalition Government would set an ambitious target of 30 per cent of the $5 billion Housing Infrastructure Programme for investing in the regions, benefiting areas such as the Central West.
“Under Labor, Australia is facing a housing crisis and the great Australian dream of owning a home has never felt further out of reach,” Mr Littleproud said.
Mayor of Cabonne Council Cr Kevin Beatty said regional councils and towns like Molong are keen to be part of the solution.
“The proposed development in East Molong would see up to 650 lots developed, essentially doubling the current population of Molong,” Cr Beatty said.
“The Cabonne LGA alone is projected to increase by 14 per cent to 15,657 by 2041, with the New South Wales Department of Planning and Environment predicting that the Central West region needs at least an additional 21,665 new homes to support forecast growth.
“Not only will this development support the provision of homes for new residents to the town, but it will also help to support opportunities for members of the community impacted by the 2022 November floods to potentially relocate to flood resilient land.”
Cr Beatty added for a number of years Cabonne Council has been trying to secure funding to support the growing housing needs in the Central West.
“We have both the land and local amenities to support the delivery of well-located and more affordable housing for families and key workers,” Cr Beatty said.
“Funding to help regional Councils such as Cabonne to invest in critical enabling infrastructure – like water and sewer upgrades for Molong – is vital in supporting housing growth.”