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Can a deal be done to get us affordable homes?

7am

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Labor's $10 Billion Housing Australia Future Fund

Labor will create a $10 billion housing Australia Future Fund with the annual investment return to build social and affordable housing. The way it's going to work is that the government would borrow $10 billion and set this up as an investment fund. There have been some warnings from the likes of the International Monetary Fund that setting up off-budget funds based on borrowings could be inflationary. So there's a concern that it might have that impact on the economy.

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