Media Releases

$40 million loan to support social and affordable housing projects across Sydney

17 July 2019

The Morrison Government's housing finance body is forging ahead with loans to boost the supply of social and affordable housing, today announcing approval of a $40 million, 10-year low-interest loan to Community Housing Provider (CHP) Bridge Housing. The National Housing Finance and Investment Corporation (NHFIC) loan will allow Bridge Housing to refinance debt on four […]

First NHFIC construction loan accelerates supply of social and affordable housing

17 July 2019

The Morrison Government's action to increase and accelerate the supply of social and affordable housing achieved a significant milestone today with the announcement of the National Housing Finance and Investment Corporation's (NHFIC) first construction loan. Minister for Housing and Assistant Treasurer, Michael Sukkar welcomed NHFIC's commencement of construction lending. "Approving the first construction loan is […]

New laws to combat illicit tobacco imports

1 July 2019

The Australian Government is stepping up the fight against illicit tobacco, with the commencement today of new laws that protect Australia's borders from the importation of smuggled tobacco products. The Assistant Minister for Customs, Community Safety and Multicultural Affairs, Jason Wood said that the commencement of these new laws prohibit the importation of specified tobacco products […]

Downsizer contributions reach $1 billion

28 June 2019

Older Australians downsizing from their family homes have contributed $1 billion to their superannuation funds, building up retirement incomes and freeing up housing for younger families, Minister for Housing and Assistant Treasurer, Michael Sukkar announced today. “I am pleased to announce that today contributions have reached $1 billion.” Mr Sukkar said. Key recent data shows: […]

Taking action against the black economy

28 June 2019

The Morrison Government is taking decisive action in the fight against the black economy with a number of new measures taking effect on 1 July 2019. Minister for Housing and Assistant Treasurer, Michael Sukkar said the black economy undermines community trust in the tax system, gives some businesses an unfair competitive advantage, puts pressure on […]

$1.5 million community housing grant program launched

27 June 2019

Minister for Housing and Assistant Treasurer, Michael Sukkar, today welcomed the launch of the $1.5 million Capacity Building Program aimed at facilitating the delivery of additional social and affordable rental housing. The grants program was funded in the 2017/18 Federal Budget through the National Housing Finance and Investment Corporation (NHFIC). The Capacity Building Program will […]