Australian Prime Minister Anthony Albanese announced a $2 billion (US$1.4 billion) injection into social home investment across the country as the federal government continues attempts to pass its “Housing Australia Future Fund” bill.
The $2 billion Social Housing Accelerator payment will be delivered to all states and territories in the next two weeks.
“Every Australian deserves the security of a roof over their head, and my government is taking steps to deliver more homes around the country,” Albanese said.
“I met with every premier and chief minister about this proposal yesterday, and we all agree securing more housing for more Australians is a key national priority….