The Greens have today announced that in balance of power after the next election, they will push a plan to build one million new publicly-owned, affordable, high-quality and sustainable homes.
\nThe Greens\u2019 push for secure housing comes as property prices surge to record highs and a generation has been locked out of home ownership, unable to save enough for a deposit, while they continue to face rising rents.
\nOne million new homes, built over 20 years, will clear public housing waiting lists, make housing more affordable, end homelessness, and ensure everyone has a roof over their head.
\nAs part of this plan, The Greens\u2019 shared equity ownership scheme will make it easier for people to buy their first home for $300,000.
\nOn current polling, a power-sharing Parliament is the most likely outcome of the coming election and in the balance of power, the Greens will push for billionaires and big corporations to pay their fair share of tax so we can build affordable housing.
\nTo deliver this plan, the Greens will push to establish a Federal Housing Trust, which will:<\/p>\n
The Federal Housing Trust will construct and manage all dwellings in partnership with states, territories and community housing providers. The Greens have today announced that in balance of power after the next election, they will push a plan to build one million new publicly-owned, affordable, high-quality and sustainable homes. The Greens\u2019 push for secure housing comes as property prices surge to record highs and a generation has been locked out of home ownership, unable … Continue reading “Greens announce plan to build one million homes”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-13418","post","type-post","status-publish","format-standard","hentry","category-aussie"],"_links":{"self":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/13418","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/comments?post=13418"}],"version-history":[{"count":0,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/13418\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/media?parent=13418"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/categories?post=13418"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/tags?post=13418"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nThe Greens plan also includes a Capital Grants fund to provide State and Territory governments with $1.5 billion each year for three years, and then $2.5 billion divided evenly over the next 7 years, for public housing improvements.
\nThis plan has been costed by the Parliament Budget Office and is expected to impact the fiscal balance by $7.5 billion over the forward estimates period and $22.9 billion over the decade.
\nNew public and community housing<\/strong>
\nThe Greens will invest in public and community housing which will end the waiting lists and ensure everyone has a roof over their head and a place to call home.
\n750,000 new, sustainable public and community homes built over 20 years will end homelessness in Australia and provide housing security for everyone in crisis or need.
\nThe Greens will push for 125,000 new public universal access rentals to be built focused on creating affordable housing for more people, and move towards universal housing for all. This plan will help people who have been priced out of where they need to live. Essential workers like teachers and nurses, as well as others, will be able to rent a home from the government. This scheme of 125,000 homes will allow people to live closer to work or their community.
\nAll tenants in Federal Housing Trust homes will pay the lower of 25 percent of their income or market rent.
\nOwn your first home<\/strong>
\nThe Greens have a plan to build 125,000 high-quality sustainable homes and give people who have been locked out of home ownership the opportunity to purchase up to 75% equity in their home. Our Shared Equity Ownership Scheme will make it easier for people to buy their first home, in suburbs they want to live in, for $300,000.
\nThe government will provide low cost loans, which will be simple to service.
\nRather than selling off public homes to private developers, these homes are kept permanently by the government as part of a Federal Housing Trust, meaning they will always be available to those who have less opportunity to own a home.
\nThese homes will be owner-occupied. When people want to leave, they can sell back their share to the government\u2019s Federal Housing Trust at an appreciated rate linked to property price growth nationally.
\nQuotes attributable to Adam Bandt MP, Leader of the Australian Greens:<\/strong>
\n\u201cWith so many people locked out of the housing market, we urgently need the government to act and ensure everyone has somewhere secure to call home.\u201d
\n\u201cThe housing market is broken and the government must step in. As well as slashing public housing waiting lists, the government should build good quality homes in good locations that people locked out of the market can afford to buy.
\n\u201cIn balance of power, the Greens will kick the Liberals out and push the next government to tax the billionaires so we can build homes everyone can afford.\u201d
\nQuotes attributable to Greens Senator Mehreen Faruqi, Greens spokesperson for Housing:<\/strong>
\n\u201cHousing in this country is completely cooked. Some people are making huge profits from housing, while others are struggling to keep a roof above their heads.
\n\u201cHomelessness is not inevitable. Governments must make the choice of ensuring everyone has a safe and affordable place to live, and to obliterate homelessness and housing insecurity forever.
\n\u201cA massive build of new homes will reduce inequality in Australia dramatically. Safe, secure, high-quality housing is a human right, not a privilege reserved only for those who are able to afford to pay through the nose for it.
\n\u201cOur innovative shared equity ownership scheme will help tens of thousands of people buy their first home for $300,000.
\n\u201cPeople who have been locked out of a home due to skyrocketing prices and a housing system stacked against them will be able to own a high-quality sustainable house and make it their home at an affordable price.
\n\u201cIn a property market rigged for speculators and wealthy investors, buying a home is well out of reach for most people. It\u2019s currently too expensive for many people to both pay rent and save for a deposit. The Greens plan tackles this head-on.
\n\u201cWhether you are renting a home or buying one, a housing system should work for people, not profit.\u201d
\nPaying for our plan:<\/strong>
\nBy making billionaires and big corporations pay their fair share of tax and winding back handouts to big polluters, we can build a better life for all of us.
\n1 in 3 big corporations pays no tax and many big corporations and billionaires send their profits offshore tax free.
\nThe Greens will tax billionaires with a new \u2018billionaires tax\u2019, require big corporations making excessive profits to pay a \u2018corporate super-profits tax\u2019 and axe billions of dollars in handouts to the coal, oil and gas giants that are driving the climate crisis.
\nWhen big corporations and billionaires pay their fair share, everyone can have the services they need for a better life.<\/p>\n","protected":false},"excerpt":{"rendered":"