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Borrowing $10B off budget by Andrews Labor government make no sense and won't solve housing crisis

Labor's Housing Australia Future Fund: Borrowing $10B off Budget, delayed investments, won't address social housing needs adequately; local government investment for community housing preferred.

By news@gippsland - 27th July 2023 - Back to News

Hello. Russell Broadbent here, Member for Monash. It's not often the Liberals agree with the Greens and Paul Keating. But on Labor's social housing policy, we do. Keating once said 'good policy was good politics'. Therefore, I say bad policy is bad politics.

Mr Broadbent Advocated for local govt to invest in community housing, mirroring past state allocations, reducing homelessness for women over 50

Flawed housing proposal

The Labor government's new Housing Australia Future Fund is bad policy, and here's why:

The proposal is to borrow 10 billion dollars 'off Budget' - in other words, a way to avoid showing the borrowings - which would be loaned at the current high interest rate - as government debt.

The government would then invest the funds, claiming that they will make $500 million per year to invest in social housing. The government claims this will pay for 30,000 social and affordable houses over five years - but there are currently 163,000 Australians on the social housing waiting list!

Inadequate housing plan

This plan is totally inadequate on multiple fronts:

• Firstly, it will take a year for the funds to be invested
• Then, it will take another year for the first dividends to be paid
• And lastly, with the usual delays that come with government programs

How many of these houses are going to be delivered by the end of the five years? I doubt any. For years I have advocated for the local government to have an opportunity to invest in community housing. Just as the state government of old allocated public housing across the regions and country towns when given a quota. A fair share for country areas.

This would reduce the number of homelessness among women over 50 in the regions - the largest increasing homeless cohort across the nation.
I still believe this is the way to go, and there are examples of this in Victoria. And that's just as I see it.

Pictures from Community Housing Ltd website.

Source: http://gippsland.com/

Published by: news@gippsland.com

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• Regional all abilities participation grants is now open to boost inclusive sports opportunities for people with disability in regional communities
  The Allan Labor government's Regional All Abilities Participation Grants offer up to $25,000 for clubs to boost disability inclusion through equipment, training, travel support, and all-abilities sports programs.
• Bruthen and Buchan town centre upgrades boost tourism, safety, and local businesses with $3.8M government support
  Bruthen and Buchan town centre upgrades, supported by $3.8 million government funding, improve safety, accessibility, tourism, and local business, while celebrating Indigenous culture and supporting bushfire-affected communities.
• Darren Chester supports reforming the Coalition to unite Liberals and Nationals and deliver stronger government for Australia
  Darren Chester welcomes the re-formed Coalition, united to hold Labor to account, focus on cost of living, families, regions and security, and develop sensible policies for a safer, stronger, fairer Australia.
• Danny O'Brien says Gippsland roads among state's most dangerous after years of neglect under Allan Labor government
  Danny O'Brien says new AusRAP data shows many Gippsland roads are unsafe after years of Labor neglect, criticising the government for lowering speed limits instead of properly fixing deteriorating roads.
• Victorian Agency for Health Information data shows ambulance services declining due to Labor's under‑resourcing, mismanagement and denial
  The latest data shows Victoria’s ambulance service declining, with fewer than 64% of Code 1 responses within 15 minutes, highlighting regional delays, under‑resourcing, and mismanagement under the Allan Labor government.
• Australia’s under-16 social media ban sparks digital ID, privacy and freedom concerns ahead of implementation
  Australia’s Under-16 social media ban will require age verification on major platforms, raising serious concerns about privacy, Digital ID rollout, and government surveillance disguised as online safety measures.
• Darren Chester urges Gippslanders to support local artisans, makers, and small businesses this holiday season
  Federal Member Darren Chester encourages Gippslanders to shop local this Christmas, supporting artisans, makers, and small businesses like Emporium 3844, boosting the regional economy and celebrating community talent.
• Omeo’s Day Avenue upgraded with safer streets, accessible paths, bike parking, greenery, and Victorian government investment
  Omeo’s Day Avenue upgraded with safer streets, accessible paths, signage, parking, bike facilities, greenery, and $200,000 Victorian government investment, creating jobs and enhancing experiences for locals and visitors.
• Have your say on key council plans, policies, and the future direction of South Gippsland through current engagement opportunities
  South Gippsland Shire Council invites community feedback on key draft plans, policies, and the 2026/27 Budget, with in-person engagement opportunities and "Coffee with a Councillor" sessions in October.
• Danny O'Brien welcomes progress on Sealers Cove track repairs but slams years of Labor delays at Wilsons Prom
  Danny O'Brien welcomed long-overdue progress on Sealers Cove track repairs at Wilsons Prom but criticised Labor for years of delays, saying Gippsland deserves timely investment in vital tourism infrastructure and facilities.
• Applications for Baw Baw Shire Arts and Culture with grants up to $2,000 is now open until 8 February 2026
  Baw Baw Shire Council is offering grants up to $2,000 for local artists and creatives, supporting community-focused arts projects, collaboration and creative development, with applications open until 8 February 2026.
• Latrobe Health Assembly to continue, thanks to strong community support and new independent, community-owned future
  Defunded in the 2025 State Budget, the Latrobe Health Assembly will continue as a leaner, community-owned organisation tackling local health and wellbeing challenges through collaboration and grassroots leadership.
• Australia to celebrate inaugural Red and Yellow Day honouring volunteer lifesavers and supporting water safety initiatives
  Australia will celebrate its first Red & Yellow Day on March 4, 2026, honouring volunteer lifesavers and supporting lifesaving clubs through community participation and fundraising for vital water safety initiatives.
• Latrobe Valley's new 100MW big battery boosts energy reliability, cuts power bills, and supports Victoria's renewable transition
  A 100MW Latrobe Valley big battery has officially opened, boosting energy reliability, cutting power bills, and supporting Victoria's renewable transition, helping achieve government storage targets while delivering affordable electricity.
• Darren Chester urges federal support for forest scientists making Australia's sustainable native hardwood timber industry
  Darren Chester has urged the Albanese government to support credible forest scientists backing Australia's sustainable native hardwood timber industry, criticising activist influence and government bans harming regional jobs and communities.
• East Gippsland Australia Day Awards celebrate community spirit, honouring events and initiatives making meaningful impact in 2026
  The 2026 East Gippsland Australia Day Awards honoured the Winter Festival and Breast Care Support Fund for fostering connection, generosity, and community spirit across the region.
• Latrobe City Australia Day Awards 2026 honoured locals’ achievements, service, and community leadership
  Latrobe City celebrated the 2026 Australia Day Awards, recognising locals’ dedication, leadership, and community contributions across service, events, youth, senior, and citizen categories.
• David Littleproud warns vegetable growers of crisis as compliance costs soar, confidence collapses and exits loom
  Nationals leader David Littleproud warns Australia's food security is at risk, with two in five growers considering leaving amid rising compliance costs, financial strain, and Labor policies undermining farming viability.
• Danny O’Brien denounces Port Welshpool Coastguard funding snub despite 25-year-old vessel and critical rescue role
  Danny O’Brien criticised the state government for overlooking Port Welshpool Coastguard, leaving its 25-year-old vessel unreliable, and urged clarity and reconsideration of funding decisions for critical local rescue services.
• Danny O’Brien urged immediate start on Wilsons Promontory revitalisation, including the proposed Yanakie Isthmus fence
  The Allan Labor government faces criticism for ongoing delays to the Wilsons Promontory sanctuary, with Nationals MP Danny O’Brien urging immediate construction to protect wildlife and complete the long-promised project.
• Gippsland CFA volunteers still wait for critical fire station upgrades amid $55M Labor funding cuts
  Gippsland CFA volunteers face years-long delays for safe, modern fire stations as Labor cuts $55 million, reducing equipment, compensation, and infrastructure, putting communities at risk and demanding urgent funding.
• Meet with South Gippsland Mayor Hersey to discuss ideas or issues that matter to you and your community and other council updates
  South Gippsland Shire Council is offering multiple opportunities for community engagement, upcoming events, free workshops, grants, vaccination sessions, and council services throughout Summer 2026 for residents and local businesses.
• David Littleproud urges Australians to support local farmers amid rising imported food and supermarket pressures
  Nationals Leader David Littleproud urges Australians to buy local food as farmers face soaring costs, supermarket pressures, and rising imports, warning inaction threatens food security and the future of Australian agriculture.
• Wellington Shire Council to update Community Local Law 2021, ensuring relevance, inclusivity, and strong legal compliance
  The Safer Communities Plan includes Jack's Law to clear weapons from streets, Restart for repeat offenders, and Youthstart to support at-risk youth. Mr Cameron says Labor lacks a plan to tackle Victoria's crime crisis, leaving regions vulnerable.
• East Gippsland Council opens impact grants applications to support local community and environmental projects
  East Gippsland Council’s Impact Grants program offers $3,001 - $20,000 to community groups for projects strengthening communities or supporting environmental sustainability, with applications closing 31 October 2025.
• Parliamentary Inquiry into the 2026 summer fires across Victoria, make a submission by 15 March 2026
  Parliamentary Inquiry launched to scrutinise Victoria’s 2026 bushfire preparedness, planning, and emergency response across regional communities.
• Future of Orbost Project strengthens water access, supporting agricultural innovation and long-term regional growth
  The Future of Orbost Project supports farmers by clarifying water availability, facilitating licence transfers, and building resilience, driving innovation, productivity, diversification, and sustainable long-term growth in East Gippsland.
• Discover Blue Pool in Briagolong State Forest with nature, water fun, walks, and local gems
  Blue Pool in Briagolong State Forest offers swimming, walking trails, and camping, with nearby pubs, breweries, and attractions providing a perfect Gippsland getaway for nature, adventure, and local experiences.
• Discover Blue Pool in Briagolong State Forest with nature, water fun, walks, and local gems
  Blue Pool in Briagolong State Forest offers swimming, walking trails, and camping, with nearby pubs, breweries, and attractions providing a perfect Gippsland getaway for nature, adventure, and local experiences.
• East Gippsland Water expects no summer restrictions, yet climate change makes long-term conservation vital
  East Gippsland Water predicts sufficient rainfall this summer, making restrictions unlikely, but warns climate change and future droughts mean ongoing water conservation remains essential for communities.
• Danny O'Brien warns faulty firefighting vehicles are leaving local CFA Brigades under pressure ahead of bushfire season
  Danny O'Brien has criticised the Allan Labor government for failing to repair faulty firefighting vehicles, warning the issue is placing pressure on CFA brigades and reducing Gippsland's preparedness for bushfire season.
• East Gippsland Council opens 2026 Australia Day Awards nominations to celebrate outstanding community contributions
  East Gippsland Council is calling for nominations for the 2026 Australia Day Awards, celebrating individuals, groups, and events that make outstanding contributions to the community across volunteering, sport, arts, and environment.
• South Gippsland Australia Day photography competition success and other council updates
  South Gippsland updates: Australia Day photo winners announced, Summerfield Oval renamed, immunisation sessions extended, community events, workshops, youth strategy consultation, and Council job opportunities available.
• East Gippsland’s 2026 Australia Day Awards honours volunteers, youth leaders, and inspiring community events
  Over 200 people gathered at Lakes Entrance to celebrate the 2026 East Gippsland Australia Day Awards, honouring outstanding volunteers, youth leaders, and community events strengthening connection, service, and local spirit.
• Nationals' $100M Safer Communities Plan targets crime crisis with tough laws and prevention programs across Gippsland
  Martin Cameron backed a $100 million Safer Communities Plan, promising tougher laws and prevention programs to tackle Victoria's crime crisis, restore community safety, and support at-risk youth, contrasting Labor's cuts.
• Baw Baw Employment Expo returns October 2025, showcasing local jobs, training, networking and career opportunities
  The Baw Baw Employment Expo returns 16 October 2025, offering free access to local job opportunities, training, networking, resume support, and career advice for job seekers and businesses.
• Latrobe City to celebrate Australia Day with free events, pools, citizenship ceremony, and community awards
  Latrobe City will celebrate Australia Day with free community events, pool access, citizenship ceremonies, and awards recognising outstanding volunteers, fostering connection, fun, and community spirit across multiple towns.
• Tim Bull says rising retail crime reflects Victoria’s weak approach, despite claims of toughest bail laws
  Retail theft is surging in East Gippsland, with repeat offenders emboldened. Tim Bull calls for tougher penalties, accountability, and support for struggling households to protect businesses and local communities.
• South Gippsland Shire Council invites the community to join the Garage Sale Trail on November and other projects
  Australia's biggest second-hand treasure hunt returns this November across two weekends, offering households the chance to declutter and earn cash, while bargain hunters uncover unique finds and help divert goods from landfill.
• Latrobe City invites local artists to join new Public Art Artist Register for murals and creative city projects until 10 February 2026
  Latrobe City Council invites local artists to join its Public Art Artist Register, offering paid mural opportunities, enhancing public spaces, supporting tourism, and connecting artists with future creative projects.
• Nominations open for Baw Baw Shire 2026 Australia Day Awards celebrating local community champions
  Nominations are open for Baw Baw Shire 2026 Australia Day Awards, celebrating outstanding individuals, organisations, and events that make the community stronger. Entries close Friday, 24 October 2025.
• East Gippsland celebrates connection, creativity, and community with 2025 month-long Seniors Festival program
  East Gippsland Shire Council presents the 2025 Seniors Festival, offering over 60 free and low-cost events celebrating connection, creativity, wellbeing, and community for older residents throughout October.
• One Gippsland urges stronger climate action and investment to build regional disaster resilience
  One Gippsland is calling for urgent government action, investment and policy reform to strengthen disaster resilience, improve planning, and protect coastal communities facing increasing climate-related risks and rising economic costs.
• Baw Baw Shire Council urges community groups to prepare applications for Community Project grants round 2 from 2 until 27 February 2026
  Round Two of Baw Baw Shire’s Community Project Grants opens in February, offering community groups up to $5,000, with Applications by Appointment mandatory before submitting proposals by 27 February 2026.
• East Gippsland opens nominations for 2026 Australia Day Awards recognising outstanding community contributions and achievements
  East Gippsland Shire Council invites nominations for the 2026 Australia Day Awards, recognising individuals, groups, and events for outstanding community contributions in volunteering, sport, arts, environment, and service.
• Mayor Rochelle Halstead honoured with MAV 10-year Service Award for her dedication to local government
  Bass Coast Mayor Cr Rochelle Halstead has received the MAV 10-Year Service Award, recognising her decade of dedicated leadership, advocacy, and commitment to strengthening local government and the Bass Coast community.