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Former Labor minister Greg Combet is to be the new chair of the Future Fund, replacing Peter Costello. Combet, a member of parliament in 2007-2013, served in the industry and climate change and energy… ....
In agreeing to pass the Housing Australia Future Fund bill the Greens have got a lot of what they wanted. Their idea of funding building and Labor’s idea of subsidising rent aren’t that far apart. ....
The fund will begin with $10 billion borrowed by the government and invested by the Future Fund, with the returns used to offer at least $500 million a year in subsidies to state governments and community housing providers in order to support the construction of social and affordable housing.