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Housing policy was a key focus of the Budget reply speech of Labor leader Anthony Albanese.
Albanese committed to establishing a Housing Australia Future Fund to build 30,000 affordable homes, as part of a $10 billion social housing package. The proposal would effectively give the Future Fund $10 billion, which would then use the earnings to invest in public low-cost housing for people such as frontline workers and victims of domestic violence.
From The Age:
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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.