Housing funding capacity and delivery outcomes

Question

1. Can Treasury confirm that, upon completion of funding allocations under HAFF Round 3, scope for funding further social and affordable housing projects underpinned by the original $10 billion equity investment will have been exhausted? 2. Can I just clarify too on the 100,000 new homes for first home buyer zero interest loans, is it correct that only $57.2 million has been advanced to states and territories as at 30 June 2026? How many homes does that represent? 3. Given the 2023 recommendation by the National Housing Supply and Affordability Council for strengthening community housing regulation, what steps is the Commonwealth taking in response? 4. Budget Papers state that returns to the $10 billion Housing Australia Future Fund have far exceeded expectations, and that the Fund had grown to $11.5 billion by 2026. What are the implications of this performance in relation to the Commonwealth's capacity for continuing investment in social and affordable housing? 5. Budget Papers indicate that only $57 million out of $8 billion set aside by Treasury for zero interest loans to support the 100,000 homes for first home buyers have been assigned to date. The papers also suggest that our two biggest states - NSW and Vic - have not yet pledged their co-operation. Can Treasury therefore provide a progress update on the scheme? 6. When the Minister references '55,000 social and affordable dwellings to be funded under Albanese Government schemes or committed by state/territory governments under the National Housing Accord', this includes 10,000 affordable units pledged by states and territories in the NHA. (a) How does that total break down by jurisdiction? (b) What monitoring arrangements are in place to ensure that jurisdictions deliver against their targets? (c) What assurance is given that these homes will rent at a price affordable to households with incomes below the national median, bearing in mind that this would preclude weekly rents exceeding $404?

Answer

See attached response.

Documents

• Question with answer (PDF) (opens in a new tab)
• SQ26-000289 BET183 - Housing funding capacity and delivery outcomes.pdf (opens in a new tab)