Background
On 17 June 2023, the Commonwealth announced a new $2 billion Social Housing Accelerator to provide thousands of new and refurbished social homes across Australia.
The funds were delivered to the states and territories in June 2023 so they could start building new homes immediately.
This investment will permanently increase the nation’s stock of social housing. Around 4,000 new and refurbished homes are expected for Australians on social housing waiting lists.
States and territories must meet strict reporting and assurance requirements. Jurisdictions must show that the projects are additional to business as usual and permanently increase the supply of social housing.
This includes providing implementation plans and 6‑monthly progress reports called Statements of Assurance.
More information is available in the Federation Funding Agreement Schedule.
Implementation plans
State and territory implementation plans outline how the states and territories will spend their share of the Social Housing Accelerator funds:
- New South Wales [PDF 244KB]
- Victoria [PDF 567KB]
- Queensland [PDF 703KB]
- South Australia [PDF 157KB]
- Western Australia [PDF 286KB]
- Tasmania [PDF 222KB]
- Northern Territory [PDF 72KB]
- Australian Capital Territory [PDF 133KB]
States and territories may update their plans over time, including to provide additional information on projects when it is no longer commercially sensitive.
Statements of Assurance
All states and territories must provide 6‑monthly Statements of Assurance to the Commonwealth from early 2024 to 2028. These reports detail the new social housing funded by the Social Housing Accelerator in the previous 6 months and over the life of the program.
More information on the reporting requirements is available in the Federation Funding Agreement Schedule.
States and territories must report on:
- funding committed and spent
- the number of dwellings committed, commenced and completed.
These terms are defined as:
- Committed: When a significant component of the project has been formally contracted.
- Commenced: When the head contractor has site possession and can begin material work on the site.
- Completed: When the head contractor has reached practical completion of the work and the site can be tenanted.
- Spent: When the funds have been paid to the head contractor.
The Statements of Assurance must be approved by at least a Deputy Secretary equivalent in the respective state or territory agency. The signed 6-monthly progress reports are:
- 1 July 2023 to 31 December 2023, Statements of Assurance [PDF 3.09MB]
- 1 January 2024 to 30 June 2024, Statements of Assurance [PDF 12.7MB]
- 1 July 2024 to 31 December 2024, Statements of Assurance [PDF 12.4MB]
State | Total allocated | Committed but not spent | Spent |
---|---|---|---|
New South Wales | 610.1 | 228.6 | 214.7 |
Victoria* | 496.5 | 56.5 | 56.6 |
Queensland | 398.3 | 71.6 | 44.1 |
Western Australia | 209.2 | 173.5 | 33.9 |
South Australia** | 135.8 | 98.8 | 4.6 |
Tasmania | 50.0 | 47.1 | 2.9 |
Northern Territory | 50.0 | 13.2 | 5.2 |
Australian Capital Territory | 50.0 | 11.4 | 1.3 |
Total | 2,000.0 | 700.8 | 363.2 |
State | Allocated in implementation plans | Committed but not commenced | Commenced but not completed |
Completed |
---|---|---|---|---|
New South Wales | 1,500 | 143 | 535 | 424 |
Victoria* | 692 to 769 | 0 | 90 | 62 |
Queensland | 600 | 43 | 142 | 30 |
Western Australia | 598 | 302 | 160 | 104 |
South Australia** | 230 | 269 | 50 | 0 |
Tasmania | 116 | 108 | 8 | 0 |
Northern Territory | 100 | 0 | 31 | 0 |
Australian Capital Territory | 55 to 65 | 0 | 17 | 0 |
Total | 3,891 to 3,978 | 865 | 1,033 | 620 |
State | 2024–25 | 2025–26 | 2026–27 | 2027–28 |
---|---|---|---|---|
New South Wales | 391 | 387 | 200 | 110 |
Victoria* | 36 | 191 | 176 | 296 |
Queensland | 75 | 100 | 10 | n/a |
Western Australia | 105 | 139 | 153 | 65 |
South Australia** | 0 | 62 | 177 | 80 |
Tasmania | 10 | 57 | 61 | n/a |
Northern Territory | 8 | n/a | 23 | n/a |
Australian Capital Territory | 0 | 17 | n/a | n/a |
Total | 625 | 953 | 800 | 551 |
Notes:
* Victoria is in the final stages of a tender process for projects to meet its implementation plan target.
** South Australia’s estimates of the number of planned dwellings do not reflect the outcome of a competitive bidding process which subsequently identified more homes.
n/a Data is not available.
First Nations housing
First Nations housing was identified as a priority area by all states and territories in their implementation plans.
The Commonwealth has been working closely with the states and territories to ensure suitable dwellings are being built or refurbished, and that all Social Housing Accelerator related funding will be committed by 30 June 2025, as per the Federation Funding Agreement schedule.
As of 31 December 2024, 218 dwellings of the 320 dwellings intended for First Nations people and their families are either completed or underway. Ninety-two of these dwellings have been completed, 13 committed and 113 commenced.