Major bank, super chiefs to discuss affordable housing investment

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The heads of Australia’s major banks, super funds and key property groups are gathering in Sydney for a meeting aimed at securing investment in the federal government’s plan to build one million new homes | rachelclun

The two-hour roundtable will focus on issues including barriers to investment in affordable housing.

The two-hour roundtable, hosted by Treasurer Jim Chalmers and Housing Minister Julie Collins, will discuss barriers that are preventing banks and the $3.3 trillion super sector from investing in affordable housing, as well as reforms needed to increase investment. “Starting with housing today, we will work closer than ever before with leading investors, major banks, global asset managers and superannuation funds to promote stronger investment in these priority areas,” he said. “This is about delivering strong returns for shareholders and strong returns for Australians.

The agreement is the first of several involving the federal government, investors and providers expected to be announced in coming weeks.

 

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rachelclun Where we gonna stick this ghetto?

rachelclun Q: how do we keep this Ponzi scheme going? auspol

rachelclun One million homes for who. ?

rachelclun Money to be made ! Real estate industry laughing all the way to the bank .The same reason the fossil fuel industry wants MORE gas !

rachelclun Adults are in charge in Canberra thank Goodness Victorian should take note ,you vote Liberal you get the same regressive spoilt brats doing nothing refer Baillieu Napthne from past years. Everything stopped.

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