Michelle Ananda-Rajah (Higgins, Australian Labor Party) Share this | Hansard source

That's a lot of carrot. Thank you, member for Bennelong. That's going to be over the next 10 years. One of those carrots is the $3 billion New Homes Bonus. This is a performance-based provision of funding to the states to stimulate housing. In addition to that, we have the $2 billion Social Housing Accelerator. This money was released to the states in June last year. They have two years to disburse these funds. I gather that the applications are now rolling in and the minister is going to be signing off on those.

But let's not forget the Housing Australia Future Fund. This was delayed through an unholy alliance of the Liberals and their new besties, the Greens political party, and it was stopped for six months. Six months is not trivial when people are living in tent cities, many of them in Liberal Party electorates. They have the temerity to come into this House and lecture us on what we are not doing for housing. We are cleaning up your Liberal legacy because you vacated the space.

You are now doing your constituents a disservice by also blocking the Help to Buy Scheme—a shared equity scheme that can put young Australians and low-income earners into homes right now. All you have to do is vote yes. That shared equity scheme means that the government will stump up 40 per cent of the purchase price for new homes and 30 per cent for existing homes, significantly reducing mortgage repayments and the deposit. Don't lecture us; just vote yes.

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