Julie Collins (Franklin, Australian Labor Party, Minister for Small Business) Share this | Hansard source

The establishment of the $10 billion Housing Australia Future Fund will build 30,000 homes in the first five years. We're talking about 20,000 social homes and, importantly, 10,000 affordable rentals for key workers. Add to this the 20,000 affordable homes that will be delivered under the national accord, in partnership with the states, territories and local government; that's 10,000 affordable homes from the federal government and another 10,000 matched by the states and territories. I'm talking about homes like the ones we announced in Westmead last year for key workers. We heard there, importantly, from Elisa Ting, a midwife, who's already in an affordable rental being managed. She said: 'The original market value rent is $450, and I'm paying $322 a week. So it's a huge difference. I honestly thought it was fake at first, because I was like, "No way—it can't be that cheap."'

See this speech in context