SYDNEY (Reuters) -- Australia's government said on Sunday it would spend A$10 billion ($6.3 billion) on grants and loans to build up to 100,000 homes to help would-be home buyers get on the property ladder, ahead of a May 3 general election that has housing affordability as a key issue.
Prime Minister Anthony Albanese's center-left Labor government, neck-and-neck with the opposition Liberal-National coalition ahead of the national vote, has pledged to build 1.2 million homes by 2030 to ease cost pressures in Australia, where many are dissatisfied with a lack of affordable housing.
