100% of borrowings sourced from the Australian government Government ownership and oversight and key support role for Department of Defence Relatively stable and predictable revenue streams for about half of its revenue base, underpinned by a long-term lease contract with the Australian government Long-term agreement that codifies risks and service provision with Defence Housing Australia's major customer, the Department of Defence. A capital program which relies on the success of the ongoing sale and leaseback investment product and surplus property disposals Exposure to residential property market Defence Housing Australia (DHA) is a government business enterprise, providing community standard housing and relocation services primarily for Australian Defence Force (ADF) members with dependents and certain other Department of Defence (Defence) related personnel.