Pushback on affordable housing plan likened to vuvuzela’s drone

after the Coalition confirmed it would oppose the legislation, which is due to be considered by parliament before the end of next month.Prime Minister Anthony Albanese hit out at opposition to the HAFF, which will use returns from a $10 billion account to fund 30,000 new social and affordable homes over five years.

Mr Albanese told Labor’s caucus meeting at Parliament House that opposition led by Peter Dutton was “straight out of the Tony Abbott playbook”.Noting opposition to policies including the HAFF and Labor’s National Reconstruction Fund, the prime minister likened the Liberals and Nationals to vuvuzelas,He said the cheap instruments were “interesting at first but soon just became very annoying because it was all the same note”.

It is designed to advise government on the development of a national housing and homelessness plan, including working with industry and civil society on how to make it easier to buy or rent a home, and how to reduce homelessness.argued that the $500 million maximum the HAFF could spend each year was insufficient, and demanded Labor instead spend $5 billion a year.

“Labor’s centrepiece housing legislation locks in permanent real term cuts to housing funding, does nothing for renters, and will see the shortage of social and affordable housing grow, seeing the housing crisis get worse.”Opposition housing spokesman Michael Sukkar warned Labor’s plans to use the return from investments in the Future Fund was uncertain because of fluctuations in the stock market.

$500m x 5 = $2.5b $2.5b/30,000 homes = $83,333 per house Did anyone even bother to check their maths at LaborHQ?

PM was part of the Rudd/Gillard gov'ts that undertook the Pink batts and School Halls prograns. Both distorted the building industry causing shoddy work, massive price-gouging, and skill shortages. That was in time of low economic activity. The ALP pump-priming now is disastrous

The. Umbers don’t make sense…

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