‘Failed miserably’: Go-slow on fast-track program ties up thousands of homes

Victoria's fast-track construction program, launched in 2020, has failed to deliver promised housing, with tens of thousands of homes stuck in bureaucratic delays. Developer Intrapac estimates delays on a Lilydale project could cost future buyers an additional $600 million. The initiative produced limited results, with only 13 of 19 projects approved, none meeting original timelines.

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Summary by Glance · Original reporting by SMH