Penny Wong (SA, Australian Labor Party, Minister for Foreign Affairs) Share this | Hansard source

We know that renters are doing it tough. I want to emphasise that the 30,000 homes in the first five years of the Housing Australia Future Fund are rental homes—social and affordable rentable homes. We are providing additional funding on top of the Housing Australia Future Fund for social and affordable rental homes. We have worked with the states and territories on the National Housing Accord to build 1.2 million homes over the next five years. These are important measures that will put downward pressure on rental prices by increasing supply. We are also working with states and territories to secure a better deal for renters to improve renters rights across the country. This government is delivering the largest increase in Commonwealth rent assistance in more than 30 years, as well as working to get more Australians into home ownership with the expanded home guarantee—