Prime Minister Anthony Albanese announced a $200 million housing and infrastructure funding package aimed at addressing the housing crisis in regional Western Australia, the ABC reports.

The package includes plans to develop over 1,000 homes in Karratha, Albany, and the Wheatbelt. Community and industry leaders welcomed the funding but expressed concerns about the potential for delays in delivering the necessary housing.

The initiative is seen as a critical step to tackle the shortage of homes, which has hindered economic growth and affected local businesses in these regions.