Greens want 1 million affordable homes built over 20 years

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The Greens have promised to fight for 1 million publicly owned, affordable homes to be built over 20 years if they hold the balance of power after the next federal election:

Greens leader Adam Bandt… said that with so many people locked out of the housing market “we urgently need the government to act and ensure everyone has somewhere secure to call home”.

“The housing market is broken and the government must step in. As well as slashing public housing waiting lists, the government should build good quality homes in good locations that people locked out of the market can afford to buy,” Mr Bandt said.

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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.