The federal opposition is being pressed for more detail on one of its key housing projects, with both Labor and some housing economists questioning whether it can meet its ambitions.
The federal opposition is being pushed to clarify details on its $5 billion funding pledge for housing infrastructure.
The fund would be a mix of grants and concessional loans made available primarily to local governments.But some argue there are critical questions about the policy still to be answered, such as how much would be offered as grants or loans, and over what time frame it would be offered. "Grant money is valuable and easy to spend. Loans require someone to pay something back based on a project that's likely to not make any money."Ms O'Neil argues the Coalition's target cannot be met.
"And councils struggle to pay for the kind of infrastructure, particularly in growth areas, where they don't have the same council rates base to rely on for revenues. So we think this is something that government should do.He said there was some doubt about the Coalition's promise of half a million new homes.
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