Housing minister says work for social and affordable homes can begin as soon as future fund is established but Greens say it should begin now
Get our morning and afternoon news emails, free app or daily news podcast
Labor has guaranteed a minimum of $500m will be paid out of the Housing Australia Future Fund every year in a last-ditch bid to win Greens support for the bill to help build social and affordable housing.
The housing minister, Julie Collins, wrote to the crossbench on Monday offering a “guaranteed fixed disbursement” of $500m from 2024-25, with a new power for the treasurer and finance minister to increase the amount by regulation, making it a floor not a ceiling.
Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup
About Author
More Stories
Second Sydney synagogue vandalised with swastikas as NSW premier condemns ‘monstrous’ acts
Stormy, hot weather forecast for most of Australia with flash flooding risk in NSW and Queensland
Labour MPs urge Rachel Reeves to demand Jimmy Lai’s release