Reported at australiainstitute.org.au: The Government’s announcement of 800 social and affordable homes through the $10 billion Housing Australia Future Fund (HAFF) is a small start that falls short of the average monthly construction approvals in Australia, which stand at over 14,000 homes.
While the HAFF aims to build 55,000 homes over five years, the financial impact is minimal compared to the tax breaks for investors, costing over $12 billion annually.