ABC News – Australia ·australia ·1 hour ago

Housing developer Assemble slashes number of promised affordable homes

Developer Assemble has reduced the number of promised affordable homes in Melbourne's Brunswick and Coburg projects from 373 to 125. The Victorian planning minister approved this reduction despite local council criticism, noting it still met the minimum ten percent affordable housing requirement. The shift impacts the housing model, changing from 'rent-to-own' to 'affordable build-to-rent.'.

Summary by Glance · ABC News – Australia

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