Max on Labor’s Housing Bill on #QandA
Labor wants to invest $10 billion in the stock market through the Future Fund and only invest the returns on housing. This isn’t a $10 billion investment in housing, it’s a $10 billion gamble on the stock market, with a $500 million per year spending cap on housing.
You don’t fix the housing crisis by locking in real terms cuts to housing spending every year and subjecting it to the ups and downs of the stock market.