Teal MP Calls for Coalition, Greens to Back Labor’s Housing Plan

Teal MP Allegra Spender has urged the Coalition and Greens to put political differences aside and support the Labor government’s proposed housing policies. “The Coalition and the Greens need to back the bills for rent and shared equity schemes that are before the parliament because they actually solve real problems for real people,” she told the National Press Club on Oct. 23. Labor has been trying to pass two bills—Help to Buy, and Build to Rent—but has failed to receive the support of the Greens and Coalition in the Senate. The Help to Buy Bill proposes a shared equity scheme to help low-income individuals and families enter the housing market. The government would pay up to 30 percent of the purchase price for existing homes and 40 percent for new homes....