Labor launches piss weak public housing plan

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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.