Labor’s $10b housing fund secure after $1b Greens deal

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Labor’s $10b housing fund secure after $1b Greens deal
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The Greens will support Labor’s key housing bill after securing an extra $1 billion for social housing, but failing to freeze rents across the country.

to help jurisdictions build more affordable homes, announced by Prime Minister Anthony Albanese in June.“That was never on the table when the negotiations started. That’s $3 billion dollars for public and community housing that the government initially said they couldn’t find.”

Albanese said he was pleased the government’s Housing Australia Future Fund now has majority support in the upper house.“[The housing fund] includes 30,000 additional social and affordable homes, including for women and children escaping domestic violence, including for veterans and including to fix up remote houses,” he said in question time.

The Greens had initially asked for a suite of changes including $5 billion a year in direct federal spending on social and affordable housing and a national two-year freeze in rents aided by federal funding. Chandler-Mather said there would be future chances to secure those rental caps and freezes, but he was “upset and angry” the government didn’t agree to it.Loading

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