Prosper provided feedback to the Commonwealth’s draft Housing Legislative Package – Housing Australia Future Fund Bill, National Housing Supply and Affordability Council Bill, and Amendment Bill which was on exhibition over Christmas.
If enacted, these bills will give effect to the Government’s key election commitments in relation to housing – the establishment of the $10 billion Housing Australia Future Fund, and the establishment of the National Housing Supply and Affordability Council via legislation.
The Amendment Bill gives effect to other components of the Government’s housing related election commitments, including renaming the National Housing Finance and Investment Corporation as Housing Australia etc.
We didn’t have much to say, as the intention of the legislation has been made very clear by the government.