This looks good:
“Prime city land will be transformed into hundreds of new affordable apartments under a $260 million project to bring key workers, priced out of the property market, closer to their work.”
– Sydney Morning Herald
It’ll take about 5 years to complete, and will be partly funded by government and private housing sales. Much, much more needs to be done to get more affordable housing back into the major cities. If this works, it could provide a working model for other governments.