Governments looking to stimulate the economy aim to create jobs, boost consumer confidence, support industries, or deliver support to our most vulnerable. Sometimes, there are investments and initiatives that do all of the above.
The Andrews government’s announcement last weekend that it will invest $5.3 billion to construct more than 12,000 new homes throughout Victoria – including 8200 new social housing homes and replacing 1100 old public housing units – is a historic announcement that will not only create jobs and stimulate our economy, but one that will change thousands of lives.
The reality is that for some in our community, the ebb and flow of the private rental market is simply too brutal.
Social housing provides security of tenure and rent set at a level that allows people to rebuild their lives. It provides a vital safety net, and offers people the dignity, stability and opportunities they need to fully participate in their community.