Media | State News

LNP’s $1B Regional Housing Infrastructure Guarantee

23rd August 2024

SECURING OUR HOUSING FOUNDATIONS PLAN

  • LNP guarantees half of housing infrastructure fund to kickstart regional Queensland housing build.
  • $1 billion investment to get regional Queenslanders into new homes sooner.
  • LNP delivering homes for essential workers needed for our regions.

The LNP has announced it will invest a record $1 billion into regional housing infrastructure, ensuring desperately-needed housing supply is built sooner in regional Queensland.

Speaking from Townsville today, LNP Leader David Crisafulli announced his $1 Billion Regional Infrastructure Guarantee if the LNP is elected in October, guaranteeing at least half of a $2 billion Housing Infrastructure Fund will be invested in regional Queensland.

The Guarantee, part of the LNP’s Securing Our Housing Foundations Plan, will support the homes for the police, doctors, nurses and teachers by driving regional housing supply.  

It will also assist in turbocharging the infrastructure required for new housing developments including roads, intersection upgrades, lighting, water, sewage and parks, to get Queenslanders into new homes sooner.

It follows the revelation regional Queensland is the most unaffordable place to rent in Australia.

Mr Crisafulli said the LNP would secure regional Queensland’s housing foundations to end Labor’s regional Housing Crisis.

“With half of our State living outside Brisbane, we’ll guarantee at least half of this fund is invested in our regions,” Mr Crisafulli said.

“It’s fair the regions get their fair-share which is why I’m proud to be investing $1 billion into regional Queensland housing infrastructure.

“This is a big investment to deliver a big boost for regional Queensland.

“We must plan for our growing State and that means securing our housing foundations.

“Without housing, we can’t secure the services our regions need, we can’t secure the doctors, nurses, police and teachers our regions need.

“This is a priority for me because it’s a priority for regional Queensland.

“Police, teachers, doctors and nurses are leaving the regions because the housing they need isn’t available.

“Our plan will get Queenslanders into homes sooner and ensure we deliver the homes regional Queensland needs over the next 20 years.

“Only the LNP has the Right Plan for regional Queensland’s future, including securing our housing foundations.”