Google AI
The Times Australia

Times Media Advertising

Government provides another $1 billion to finally win Greens' support for long-delayed housing bill

  • Written by: Michelle Grattan, Professorial Fellow, University of Canberra

The government has provided another $1 billion for public and community housing to secure a deal with the Greens to finally pass the Housing Australia Future Fund.

After months of stalling, the Greens agreed to pass the legislation through the Senate this week, despite the government refusing to give ground on the minor party’s demand for controls on rents.

During the battle over the fund, a core Labor promise, there were suggestions from the government that its blocking could end up in its eventual use as a double dissolution bill.

The $10 billion fund will provide an annual $500 million for social and affordable rental housing.

The government earlier this year announced $2 billion for social and affordable housing in an unsuccessful effort to secure the Greens’ backing for the legislation. It also gave a guarantee the annual amount from the fund would be at least $500 million, rather than being able to be variable.

Greens leader Adam Bandt said: “Pressure works. Labor said there was no more money for housing this year and we pushed them to find $3 billion”. He said the Greens would continue to push Labor to put an end to what he called “unlimited rent rises”.

“Renters are on the march, and the Greens will be fighting alongside them all the way,” Bandt said.

Greens housing spokesman Max Chandler-Mather said: “Renters have a national voice for the first time”.

“Greens power secured six times what Labor wanted to spend on social housing in a single year for public and community housing, and now we are going to use that power to win a freeze and cap on rent increases.”

The government used question time in parliament to spruik the coming passage of the bill, which already has the support of some of the other Senate crossbench.

Read more https://theconversation.com/government-provides-another-1-billion-to-finally-win-greens-support-for-long-delayed-housing-bill-213248

Times Magazine

Australians Are Keeping Their Cars Longer — And It’s Changing The Market

Australia’s car market is undergoing a subtle but important transformation. People are keeping th...

Streaming Fatigue: Australians Overwhelmed By Subscriptions

Streaming was once supposed to simplify entertainment. Instead, many Australians now feel overwhe...

Why Shopping Centres No Longer Feel Exciting

There was a time when going to the shopping centre felt like an event. Families spent entire Satu...

Harry And Meghan: Less Powerful As Royals, More Powerful As Content

For all the claims of “Harry and Meghan fatigue”, the world’s media still cannot stop talking abou...

Surprising things Aussies do to ‘manifest’ winning a dream home as Australia’s biggest ever prize unveiled

Dream Home Art Union has unveiled its biggest prize in its 70-year history supporting veterans - a...

A Beginner’s Guide To Louis Vuitton: The Style, The Products And The Global Obsession

Luxury fashion can sometimes appear intimidating to newcomers. The terminology, the prices, the bo...

The Times Features

Property Paralysis: Buyers Hesitate As Australia’s Hous…

Australia’s property market may still be active, but beneath the auctions, listings and glossy rea...

The Return Of Practical Luxury: Buyers Want Quality Aga…

For years, consumer culture revolved around speed and abundance. Fast fashion.Fast furniture.Fast...

People Are Going Out Less — And Businesses Know It

Restaurants are full on some nights. Concerts still sell tickets. Sporting events attract crowds. ...

Why Shopping Centres No Longer Feel Exciting

There was a time when going to the shopping centre felt like an event. Families spent entire Satu...

The Liberal Party Faces Its Greatest Question Since Men…

When Robert Menzies founded the Liberal Party of Australia in the aftermath of World War II, Austr...

The Noise Around the 2026 Federal Budget Does Not Match…

Every time the government changes the rules around property investment, the same thing happens. Ph...

Hollywood’s Summer Spectacle Is Heading To Australia

American cinemas are entering one of the biggest blockbuster summers in years, and Australian audi...

Lasagne Takes Centre Stage at Chiswick Woollahra This W…

  This winter, Chiswick is launching a Lasagne Series, bringing together chefs from across the Solo...

WEST HQ WHAT’S ON

From major sporting moments and immersive family experiences to standout dining and world-class live...