Senate crossbenchers bin Albo’s garbage Housing Future Fund

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The federal government will seek to negotiate a deal with Senate crossbenchers to secure the passage of its bill to establish the $10 billion Housing Australia Future Fund (HAFF).

The government requires the support of the Greens and at least two crossbenchers to pass the bill, given that the Coalition intends to vote against it.

The Greens, the Jacqui Lambie Network and independent senator David Pocock are seeking concessions in return for supporting the bill, including an increase in social housing and greater investment in affordable-housing projects.

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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.