Greens pitch $5.9b public housing spend to ‘reshape’ property market

“The modelling suggests over 10 years the coverage would require capital injections of $5.9 billion to Housing ACT, appropriations to help the capital injections of $10.1 million, and public debt curiosity of $1.7 billion. Income from land gross sales will probably be $137 million decrease, and Housing ACT might have a better amassed working deficit,” the Purdon report, launched by the Greens, mentioned.