New housing modelling has painted a bleak outlook for Australia’s aspiring homeowners in the coming years as interest rate hikes and a surge in population growth are exacerbating housing shortages across the country. According to the latest modelling released by the National Housing Finance and Investment Corporation (NHFIC)–a federal agency tasked with improving housing outcomes,…
Labor Says Could Revive Stymied $10 Billion Housing Fund Soon
Labor’s flagship multi-billion dollar housing fund could be revived later this year after a federal government minister vowed to push on with negotiations. Legislation to set up the fund was rejected by the Senate crossbench, forcing the government to back away from its plan to get it passed during last week’s parliamentary session. Industry minister…
Crossbench Under Pressure to Agree to Labor’s $10 Billion Social Housing Fund
Crossbenchers in the senate are under pressure to pass the Australian Labor government’s $10 billion (US$6.7 billion) housing fund bill through the parliament this week after negotiations between the crossbenchers and the government derailed. The bill is an initiative by Labor to fulfil its election promise to build 30,000 social and affordable homes, and under the…
ACT Senator Strikes Deal Giving Australia’s Labor Government Crucial Vote for Passing Industrial Relations Bill
The centre-left Labor government looks like it has secured the necessary votes to pass its controversial industrial relations bill in parliament after crunch negotiations on Saturday with a key Senate crossbencher. Workplace Relations Minister Tony Burke says he is confident the amendments to existing workplace relations law, which enshrine multi-employer bargaining, can pass after talks…
Former Rugby Player Wins Senate Seat in Australian Capital Territory
Former Wallaby player David Pocock has secured a place in federal parliament, after election officials confirmed the results of the Senate race in the Australian Capital Territory. The Australian Electoral Commission released the final preferences for the two upper house seats, which showed Finance Minister Katy Gallagher and Pocock being elected. The results mean the…
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta