House debates

Thursday, 4 July 2024

Questions without Notice

Housing

3:01 pm

Photo of Max Chandler-MatherMax Chandler-Mather (Griffith, Australian Greens) Share this | Hansard source

Prime Minister, the Greens will pass your build-to-rent plan if Labor guarantees, in law, that 100 per cent of the apartments built under this scheme are genuinely affordable. But an analysis of build-to-rent projects in Sydney found that rents for a two-bedroom apartment were 27 per cent above market rent, which means a two-bedroom apartment in Marrickville, under Labor's scheme, could be over a thousand dollars extra a week in rent. Will Labor work with the Greens to ensure tax handouts don't go to developers to build apartments that no-one can afford?

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