Landmark legislation to address housing crisis passes Parliament
The law will establish a $10bn Housing Australia Future Fund
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The law will establish a $10bn Housing Australia Future Fund
Bill to succeed after deal with Greens nets extra $1bn to build social housing
A separate Housing Support Program will provide $500 million in competitive funding for state and local governments who get their act together on connecting services to new housing developments and fast-tracking planning reforms.
National Cabinet has announced a game-changing plan to boost housing supply by 1.2 million homes over five years. The plan includes a new national target, a New Home Bonus, and a Housing Support Program.
The govertnment's housing promises sound impressive, until you look closer.