Labor, Greens fail to break stalemate on housing fund

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Labor, Greens fail to break stalemate on housing fund
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Renters could have longer to wait for action on the housing crisis as the Greens and Labor remain at loggerheads over the federal government’s policy response.

The government’s housing future fund is scheduled to hit the Senate during the upcoming sitting fortnight, but Labor appears no closer to striking a deal with the Greens.the $10 billion Housing Australia Future Fund“What we have done is put renters’ rights on the national cabinet agenda,” said Housing Minister Julie Collins.Greens housing spokesperson Max Chandler-Mather said the government was not budging at all even though his party slashed its offer in half.

Housing Minister Julie Collins told Sky News the government was still “happy to have discussions right across the parliament” on the issue. The government has signed a new investment mandate for the National Housing Finance and Investment Corporation to make available an extra $2 billion from July 1, supporting 7000 new social and affordable homes.

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