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

“The modelling suggests over 10 years the policy will require capital injections of $5.9 billion to Housing ACT, appropriations to support the capital injections of $10.1 million, and public debt interest of $1.7 billion. Revenue from land sales will be $137 million lower, and Housing ACT may have a higher accumulated operating deficit,” the Purdon report, released by the Greens, said.