Opened the debate
Pocock argued that the national housing system has failed to provide equity, citing a long-term decline in social housing and rising homelessness. Pocock highlighted that the Housing Australia Future Fund would be exhausted by the end of the year, creating a funding cliff-edge for new investment. The bill proposes requiring affordable housing inclusions on surplus Commonwealth land disposed of through sale or long lease. Pocock defined affordable housing as rentals capped at 75% of market rent or 30% of household income, whichever is lower. Pocock stated that this measure would help combat social polarisation and allow essential workers to live near their employment in inner urban areas.