Victorian Premier Ben Carroll is set to announce a plan to build 25,000 new homes. The housing is intended for first-time buyers rather than existing homeowners. Proposed sites include Melbourne, Geelong, Ballarat, Bendigo and Latrobe. Labor has framed the announcement around 'prosperity and security' and is presenting the housing plan as an election commitment. The 25,000-home figure points to a large proposed building program rather than a single development. The brief announcement did not state how the homes would be funded or completed. It also gave no construction timetable or eligibility rules, and it did not say how many homes each location would receive.