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Greens agree to support Labor’s $10bn housing fund, breaking months-long impasse
(www.theguardian.com)
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This is the best summary I could come up with:
The Greens have agreed to support the Albanese government’s $10bn Housing Australia Future Fund (Haff) bill, guaranteeing it will pass the Senate after months of bitter negotiations.
Bandt told reporters in Canberra now that $3bn was being spent on public, social and affordable housing “that is not dependent on a gamble in the stock market”, the minor party had agreed to support the bill.
Chandler-Mather, who in June wrote in Jacobin that allowing the bill to pass “would demobilize [sic] the growing section of civil society” angry about poverty, declined to say whether he had recommended the deal to the Greens party room.
Albanese thanked Bandt “for the constructive discussions that we have had” and accused the Coalition of being of “great irrelevancy in Australian politics” for having opposed the bill.
It has been strengthened after months of negotiation, including by Labor promising to legislate to ensure the fund will spend at least $500m of its earnings every year.
The bill, which Albanese had suggested could be a trigger for a double dissolution, was due to be debated again in the October sitting weeks.
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