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Bill

Treasury Laws Amendment (Housing Measures No. 1) Bill 2023

passed, as at 2023-09-28. Treasury portfolio.

Sponsor
Not recorded
Portfolio
Treasury

Recorded stages

Divisions

Plain-language summary

Written by a model from the explanatory memorandum; not the record, as at 2023-02-09.

This bill is part of a package that would establish the Housing Australia Future Fund to provide a funding source for social and affordable housing and other acute housing needs.

The package would also create the National Housing Supply and Affordability Council as an independent statutory advisory body to advise the government on housing supply and affordability.

The Housing Australia Future Fund would receive an initial $10 billion credit and aims to fund 30,000 social and affordable homes and allocate $330 million to acute housing needs over its first five years.

The measures would affect people in need of social and affordable housing, including Indigenous communities, women, children, and veterans.

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