Questions raised if Labor’s $10 billion housing budget will have ‘meaningful effect’

Questions raised if Labor’s  billion housing budget will have ‘meaningful effect’

Shadow Foreign Affairs Minister Simon Birmingham has questioned whether or not Labor’s $10 billion housing price range could have “any meaningful effect” on the housing disaster.

Mr Birmingham’s feedback come after the Greens joined the Coalition in blocking Labor’s $10 billion Housing Australia Future Fund.

“We often see the Labor Party and the Greens stitch up secret deals, and those deals then see guillotines applied through the Senate to ramp through legislation,” Mr Birmingham mentioned in an interview with Sky News.

“The government’s trying to ramp through this legislation with next to no time for debate in the Senate.

“They promised a $10 billion fund … but since then, they’ve made promises to the crossbench that there will be minimal numbers of houses built from the fund, and they appear to be making promises to the Greens.

“All of that is going to ensure that this fund … equally won’t be an off-budget fund, it’s going to be one that hits the budget bottom line and simply adds to cost directly for taxpayers.

“Many questions whether it will have any meaningful effect in terms of the housing budget.”

Source: www.news.com.au