The Greens’ argument against the proposed bill was that it would only benefit 0.2 percent of renters while potentially driving up house prices for others.
Senator Penny Wong found herself in a heated debate in the Senate on Sept. 16 following the Albanese government’s announcement of initial funding rounds for its housing initiatives.
Prime Minister Anthony Albanese proposed an initial allocation of $32 billion for the Housing Australia Future Fund and the National Housing Accord to support the construction of over 13,700 new social and affordable homes across the country.
The bill was debated in the Senate later that day, with Greens Senator Mehreen Faruqi criticizing the announcements as a political stunt.
Faruqi argued that the proposed bill would only benefit a small percentage of renters while potentially driving up housing prices for others, suggesting that the government should collaborate with the Greens for more effective solutions.
Senator Wong responded by accusing the Greens of political opportunism and aligning with the Liberal Party in opposing the bill, emphasizing the government’s efforts to kick-start construction and invest in infrastructure.
Despite challenges and opposition, the government is committed to making its largest investment in social and affordable housing in over a decade.
Senator Criticises Green’s Rent Cap
Liberal Senator Paul Scarr criticized the Greens’ proposal for a rent cap, citing examples from around the world where such policies have failed to address housing issues effectively.
Finance Minister Katy Gallagher defended the government’s commitment to the Housing Australia Future Fund, highlighting the prioritization of social and affordable housing after years of neglect.
