February 26, 2026
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Greens double down on blocking housing fund deal

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The Greens have doubled down on requires main modifications to the federal government’s multi-billion greenback housing fund, regardless of the prime minister suggesting political video games had been behind the stalemate.

Negotiations have stalled on the $10 billion Housing Australia Future Fund, which might finance the development of 30,000 properties over 5 years for susceptible Australians.

The Greens have referred to as for additional funding in public and neighborhood housing, together with a nationwide lease freeze, with the invoice not trying to go parliament throughout the present sitting week.

Greens housing spokesperson Max Chandler-Mather mentioned the federal government couldn’t afford to put funds for future social housing on the inventory market.

“We’re getting ready to one other international monetary disaster, and simply for the time being when a world monetary disaster hits is exactly after we want spending on housing,” he advised reporters in Canberra.

“Underneath the federal government’s plan, when the subsequent monetary disaster hits, it is exactly when that fund would not generate an earnings, what we’d like is ongoing funding in housing.”

The federal government wants the help of the Greens plus two crossbenchers for the laws to go.

Prime Minister Anthony Albanese mentioned it was as much as the Greens to clarify their resolution why they needed to dam the housing fund.

“I discover it a somewhat weird argument that claims what we wish is more cash, and due to this fact we’ll vote for no cash,” he advised reporters in Canberra.

“The Greens spokesperson on this challenge appears to be extra obsessed by the politics than outcomes.”

Nonetheless, Mr Chandler-Mather mentioned the federal government was failing to take the problem critically at a time of a housing disaster.

“The Greens are prepared to barter in good religion however actual negotiations imply coming to the desk, recognizing the size of the disaster and dealing collectively to repair it,” he mentioned.

“It’s not ok for the federal authorities to say to the one-third of the nation who rents ‘there’s nothing we will do for you’.”

Jacqui Lambie Community senator Tammy Tyrrell is pushing for no less than 1200 properties for her house state of Tasmania, saying a failure to safe the dedication is a deal breaker.

“Something lower than that’s going backwards. It will not go anyplace in direction of serving to to resolve our housing disaster,” she mentioned.

“Homelessness in Tasmania is rising sooner than in every other state. In 5 years time, one other 1100 Tasmanians will probably be homeless.”

Cupboard minister Tony Burke mentioned the federal government will proceed to barter with the crossbench in good religion.

“When the scenario is so acute, I do not see how one can genuinely acknowledge the determined want that we’ve got for extra social and reasonably priced housing and vote in opposition to one thing that is offering that,” he advised ABC radio on Wednesday.

“We’re on this scenario coping with the crossbench the way in which we’re as a result of … the opposition have taken the view that they will simply vote no.”

With ongoing negotiations, progress on the invoice just isn’t anticipated till the subsequent sitting week which coincides with the handing down of the federal funds in Could.

Housing Minister Julie Collins has beforehand warned folks liable to homelessness wanted the coverage up and operating sooner somewhat than later.

Shadow treasurer Angus Taylor mentioned extra borrowing to face up the housing fund, along with the Labor authorities’s different policy-linked funds, would put stress on the funds at a time when fiscal restraint was obligatory.

“Spending proper now, borrowing proper now, that is going to place stress on households,” he advised AAP.

– AAP



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