Housing Australia Investment Mandate Amendment (2026 Measures No. 1) Direction 2026

I, Clare O’Neil, Minister for Housing, Minister for Homelessness and Minister for Cities, make the following direction.

Dated  5 February 2026

Clare O’Neil

Contents

1 Name

2 Commencement

3 Authority

4 Schedules

Schedule 1—Amendments

Housing Australia Investment Mandate Direction 2018

1  Name

  This instrument is the Housing Australia Investment Mandate Amendment (2026 Measures No. 1) Direction 2026.

2  Commencement

 (1) Each provision of this instrument specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.

Note: This table relates only to the provisions of this instrument as originally made. It will not be amended to deal with any later amendments of this instrument.

 (2) Any information in column 3 of the table is not part of this instrument. Information may be inserted in this column, or information in it may be edited, in any published version of this instrument.

3  Authority

  This instrument is made under the Housing Australia Act 2018.

4  Schedules

  Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.

Schedule 1—Amendments

Housing Australia Investment Mandate Direction 2018

1  Subsection 28N(3)

Omit “$1.735 billion”, substitute “$3.345 billion”.

2  Paragraph 28N(5)(a)

Omit “2028‑29”, substitute “2027‑28”.

3  Paragraph 28N(5)(b)

Repeal the paragraph, substitute:

 (b) for the 2028‑29 financial year—$565 million; and

 (c) for the 2029‑30 financial year—$666 million; and

 (d) for the 2030‑31 financial year and each later financial year—$666 million (as indexed annually in accordance with section 28NA).

4  Subsection 28NA(1)

Omit “paragraph 28N(5)(b) is to be indexed on the first day of each financial year, starting on 1 July 2029”, substitute “paragraph 28N(5)(d) is to be indexed on the first day of each financial year, starting on 1 July 2031”.

5  Subsection 28ZA(3)

Omit “$179 million”, substitute “$1.146 billion”.

6  Paragraph 28ZA(5)(a)

Omit “2028‑29”, substitute “2026‑27”. 

7  Paragraph 28ZA(5)(b)

Repeal the paragraph, substitute:

 (b) for the 2027‑28 financial year—$103 million; and

 (c) for the 2028‑29 financial year—$196 million; and

 (d)  for the 2029‑30 financial year—$196 million; and

 (e) for the 2030‑31 financial year and each later financial year—$196 million (as indexed annually in accordance with section 28ZAA).

8  Subsection 28ZAA(1)

Omit “paragraph 28ZA(5)(b) is to be indexed on the first day of each financial year, starting on 1 July 2029”, substitute “paragraph 28ZA(5)(e) is to be indexed on the first day of each financial year, starting on 1 July 2031”. 

9  Subsection 34(1)

Omit “$26 billion”, substitute “$44 billion”.