Kim Carr (Victoria, Australian Labor Party, Minister for Human Services) Share this | Hansard source

I am sure Senator Payne would be aware that the government has a $4.5 billion National Rental Affordability Scheme, which is delivered in partnership with the states and territories and which will provide 50,000 new rental homes. I am advised that there is an increasing supply of more affordable private rental through reduced rental costs for low- and moderate-income households, being done by encouraging private investment in innovative, affordable housing. The scheme does offer financial incentives for the business sector and community organisations and has done so, I think, quite effectively across the country. Tenants may also be eligible for rent assistance, making homes even more affordable.