Business Blockbuster - Helpng business to be more visible on Google
The Times Australia

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

What is a passkey — and should you use one instead of a password?

Websites increasingly invite users to create a passkey. The unfamiliar name describes a simpler wa...

A quality cut to bills for Beaufort butcher

Victorians are increasingly turning to Easy Electric SEC to better understand their home energy op...

Mentoring - Raising a child is more than providing for one

Food, shelter, safety and schooling are essential. But the guidance children receive about how to ...

Technology

What is a passkey — and should you …

Websites increasingly invite users to create a passkey. The unfamiliar name describes a simpler wa...

Local News

Brisbane Airport’s second runway ha…

Two parallel runways give Queensland’s main airport more capacity and greater flexibility. For tra...

Culture

What is a passkey — and should you use one in…

Websites increasingly invite users to create a passkey. The unfamiliar name describes a simpler wa...

Travel

Travel Trends 2027: Why Asia-Pacific Travelle…

Travellers from Australia and Southeast Asia are spending more on what they do and less on where t...

The Times Features

Brisbane Airport’s second runway has made room to move …

Two parallel runways give Queensland’s main airport more capacity and greater flexibility. For tra...

Honey: natural sweetness, genuine benefits and a reason…

Honey carries an unusually wholesome reputation. Bees make it, flowers give it character, and gene...

The Democrats of 2026: Who won the comeback, and who st…

The US midterms gave Democrats a new generation of election winners. The old guard can still raise...