Defence Housing Australia
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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 The National Commission of Audit was a commission formed by the Abbott Government on 22 October 2013 as an independent body to review and report on the performance, functions and roles of the Commonwealth government. The chair of the Commission wa ...
recommended in its Phase One Report that the Commonwealth sell its interest in Defence Housing Australia.{{Cite web , url=http://www.ncoa.gov.au/report/phase%2Done/part-b/10-1-privatisations.html , title=National Commission of Audit - Market based solutions , access-date=2014-07-26 , archive-url=https://web.archive.org/web/20140809131248/http://www.ncoa.gov.au/report/phase%2Done/part-b/10-1-privatisations.html , archive-date=2014-08-09 , url-status=dead


References

Commonwealth Government-owned companies of Australia Housing in Australia Australian Defence Force 1987 establishments in Australia