Greens Offer Labor Billion Dollar Olive Branch on Housing Fund

Greens Offer Labor Billion Dollar Olive Branch on Housing Fund
People work on new housing at North Lakes in Brisbane, Australia, on June 10, 2016. Glenn Hunt/Getty Images
Updated:

The Greens have held out an olive branch to the federal government over the stalled Housing Australia Future Fund (HAFF) bill offering to halve their demands and pass the bill if the Labor will take an immediate interim freeze on rent increases and provide billions in funding for public, community, and affordable housing.

The $10 billion fund (US$6.7 billion) is the federal government’s response to the lack of social and affordable housing across the country, with the government hoping the legislation will allow the building of 30,000 homes over five years.
Victoria Kelly-Clark
Author
Victoria Kelly-Clark is an Australian based reporter who focuses on national politics and the geopolitical environment in the Asia-pacific region, the Middle East and Central Asia.
twitter
Related Topics