| Defence Housing Australia logo.png | |
| Industry | Real estate |
|---|---|
| Area served | Australia[1] |
| Employees | 646[2] |
| Website | dha.gov.au |
Defence Housing Australia (DHA) is an Australian government business enterprise established by the Defence Housing Australia Act 1987. DHA supplies housing and related services to Australian Defence Force members and their families in line with Defence operational requirements. To meet these requirements, DHA is active in Australian residential housing markets, acquiring and developing land, and constructing and purchasing houses.
Each year, DHA sells a portion of its portfolio through a property investment and leaseback program. Revenue generated from this activity is DHA's primary source of capital. It funds DHA's operations and enables the continual provision of housing to Defence members and their families.
Services for Defence members and families[]
- Assistance in finding housing
- Management and maintenance of housing
- Administration of the allowance for Defence members occupying rental accommodation
- Construction and acquisition of properties to meet Defence housing demands
- Redevelopment of properties to meet Defence standards.
Services for investors and property owners[]
- Sale and leaseback of properties through the property investment program
- Secure, long-term leasing arrangements for property owners
- Property maintenance and tenancy management.
Residential development[]
DHA is also a residential developer with projects across Australia.
Governance[]
DHA was established as a statutory authority in 1988 and in 1992 became a government business enterprise. This means DHA is a commercially funded organisation that undertakes business activities on behalf of the Government.
Possible privatisation[]
In February 2014, the National Commission of Audit recommended in its Phase One Report that the Commonwealth sell its interest in Defence Housing Australia.[3]
References[]
- ↑ Cite error: Invalid
<ref>tag; no text was provided for refs namedDHA - ↑ Defence Housing Australia (30 September 2019). "Defence Housing Australia Annual Report 2018-19". https://www.dha.gov.au/docs/default-source/annual-reports/dha-annual-report-2018-19.pdf.
- ↑ "National Commission of Audit - Market based solutions". http://www.ncoa.gov.au/report/phase%2Done/part-b/10-1-privatisations.html.
The original article can be found at Defence Housing Australia and the edit history here.