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Taxpayers to give super funds a $575m leg-up into affordable housing

Michael Read
Michael ReadEconomics correspondent
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Taxpayers could share the risks associated with affordable housing developments as part of the Albanese government’s new plan to lure the $3.3 trillion superannuation sector into social housing investments.

Prime Minister Anthony Albanese announced on Friday the government would make up to $575 million from the National Housing Infrastructure Facility (NHIF) available for investment in affordable housing.

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Michael Read is the Financial Review's economics correspondent, reporting from the federal press gallery at Parliament House. He was previously an economist at the Reserve Bank of Australia and at UBS. Connect with Michael on Twitter. Email Michael at michael.read@afr.com
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    Original URL: https://www.afr.com/link/follow-20180101-p5bezj