House debates

Wednesday, 24 October 2018

Bills

National Housing Finance and Investment Corporation Amendment Bill 2018; Second Reading

5:58 pm

Photo of Jason FalinskiJason Falinski (Mackellar, Liberal Party) Share this | Hansard source

As I was saying, the fact is that this bill does a lot of good for people who are looking to be able to afford to live in a home of their own or, if not their own, one provided by a community group. It is critical that this amendment bill be passed by this House so that we can get the expertise we require onto the board of the corporation and actually start to get the bond aggregator working. Bond aggregation is nothing new. It's almost like a form of social capital. It allows people to invest in affordable housing stock—people who live in my electorate and electorates like those of the member for North Sydney and the member for Lyne, members on this side of the House who happen to care about the people who really need affordable housing. I commend this bill to the House.

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