NEW HOMES FOR ACT FIRST HOME BUYERS

20/04/2026 

SENATOR THE HON. KATY GALLAGHER
MINISTER FOR FINANCE
MINISTER FOR WOMEN
MINISTER FOR THE PUBLIC SERVICE
MINISTER FOR GOVERNMENT SERVICES
SENATOR FOR THE AUSTRALIAN CAPITAL TERRITORY


THE HON. CLARE O'NEIL MP
MINISTER FOR HOUSING


YVETTE BERRY MLA
ACT DEPUTY CHIEF MINSTER
ACT MINISTER FOR HOMES, HOMELESSNESS, AND NEW SUBURBS

MEDIA RELEASE

NEW HOMES FOR ACT FIRST HOME BUYERS

The Albanese and Barr Governments have struck a deal to unlock around 4,900 homes in the ACT, including over 1,700 exclusively for first home buyers.

Both Labor Governments are determined to build more homes and help first home buyers achieve their dream of owning a home.

The ACT Government is the second jurisdiction to partner with the Albanese Government on its 2025 election commitment to help deliver up to 100,000 homes for first home buyers, in partnership with state and territory governments, and industry.

The Albanese Government will provide 37.5 million to unlock 75 homes through supporting infrastructure works in the Kingston Arts Precinct project.

  • 100 million to support estate works across the ACT supporting 537 homes across the ACT by 2034.
  • 20 million to support water management infrastructure in the Deep Creek project in Molonglo Valley supporting 65 homes.
  • 25 million for the relocation of overhead power lines supporting 85 homes and expanding of existing housing development in the Ginninderry joint venture project.
  • 45 billion plan to build more homes and make them easier for first home buyers to buy. Other commitments include:

    • Working with states, territories and industry to remove barriers to building through the National Planning Reform Blueprint, reforms to environmental approvals and a pause and streamlining of the National Construction Code.
    • Training more tradies through our investments in Free TAFE and 3 billion New Homes Bonus.

      Quotes attributable to the Minister for Housing, Clare O'Neil

      "We're determined to make it easier for young people and first home buyers to achieve the dream of owning a home.

      "Thanks to this agreement we've reached with Andrew Barr and his Government, there will be thousands more Territorians getting the keys to their very own home.

      "We know the housing market is tough, and we want Australians to know that Labor has got your back."

      Quotes attributable to Senator for the ACT, Katy Gallagher

      "Since 2022, the Albanese Labor Government has committed more than 250 million.

      "The ACT is now getting its fair share through national housing programs, and we're making sure that translates into more homes being built and more opportunities for Canberrans to buy their first home.

      "We're working closely with the ACT Government to unlock land and invest in the infrastructure needed to get these homes built sooner."

      Quotes attributable to ACT Deputy Chief Minister, Yvette Berry

      "The ACT Government is committed to build 30,000 more homes by 2030.

      "Thanks to this agreement with the Commonwealth, it will deliver more affordable housing to allow for more first home buyers in Canberra.

      "This is a great example of two Labor governments working together to deliver more housing and this funding will unlock more places for Canberrans to call home."

  • Meet Katy
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    Contact

    Electorate Office

    Unit 3, 40 Corinna Street
    Phillip ACT 2606

     

    (02) 6230 0411

     

    [email protected]


    Meet Katy
    Speeches
    Sign up to Volunteer
    Contact

    Electorate Office

    Unit 3, 40 Corinna Street
    Phillip ACT 2606

     

    (02) 6230 0411

     

    [email protected]

    I acknowledge the Traditional Custodians of the ACT, the Ngunnawal People, and respect their continuing culture and the contribution they make to the life of this city and this region.

    Authorised by Caitlin Cook for ACT Labor