Housing Legislation Amendment (Fair Share for Regional Housing) Bill 2024

High-Level Summary
The bill proposes to amend the Housing Australia Act 2018 and the Housing Australia Future Fund Act 2023 to ensure equitable distribution of housing funding to regional, rural, and remote areas in Australia. Additionally, it aims to support local governments and utility providers in accessing funds for critical infrastructure necessary to boost housing supply in these areas.

Summary
The bill affects the Housing Australia Act 2018 and the Housing Australia Future Fund Act 2023. It mandates that Housing Australia and the Housing Australia Future Fund (HAFF) allocate at least 30% of their funds annually to projects in regional, rural, and remote areas. It also requires that these funds support local governments and government-owned utility providers for developing critical infrastructure like sewerage, water, and electricity, which are essential for increasing housing supply. The bill ensures that Housing Australia's annual reports include detailed distributions of financial support and mandates the Minister to report on compliance with these requirements. Furthermore, the bill clarifies that funding for affordable housing includes necessary enabling infrastructure and expands the definition of groups whose housing needs must be addressed by the HAFF to include people in regional, rural, and remote Australia. From the explanatory memo:
The bill aims to improve housing outcomes by providing financial support that complements and leverages local governing bodies' activities, addressing the acute need for housing supply in regional, rural, and remote areas.

Argument For
Normative Bases
  1. Egalitarianism
  2. Non-Discrimination
  3. Environmentalism

The bill should be supported because it addresses the significant disparity in housing funding between metropolitan areas and regional, rural, and remote areas. By mandating that 30% of funds be allocated to these areas, the bill promotes equality in housing opportunities, ensuring that all Australians have access to adequate housing regardless of their location. This approach supports the principle of non-discrimination by ensuring that regional communities are not disadvantaged. Furthermore, by supporting the development of critical infrastructure, the bill also indirectly promotes environmental sustainability through efficient resource management and infrastructure development, which are essential for long-term ecological balance and community well-being.


Argument Against
Normative Bases
  1. Propertarianism
  2. National Prestige/Patriotism

The bill should be opposed because it may lead to inefficient allocation of resources by mandating a fixed percentage of funds to regional areas, regardless of actual need or potential return on investment. This could result in funds being diverted from areas where they could be more effectively utilized, undermining property rights and private investments in more economically viable projects. Additionally, prioritizing regional areas might be perceived as neglecting urban centers, which are critical to national prestige and competitive economic growth. The bill's focus on regional areas could inadvertently slow down the momentum needed to address housing shortages in cities where the majority of the population and economic activities are concentrated [Judgment].


Date:

2024-11-18

Status:

Not Proceeding

Sponsor:

HAINES, Helen, MP

Portfolio:

Unspecified

Categories:

Housing Policy, Infrastructure, Social Support / Welfare

Timeline:
18/11/2024
28/03/2025

Comments (0)