Category: housing fund

Greens, Coalition Team up to Block Labor’s Affordable Housing Fund

May 11, 2023
AustraliaBusiness & Marketseconomic policiesGlobal Real Estatehousing fundJacqui Lambiemax-chandler matherreal estateWorld
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The Australian Labor government’s high-profile affordable housing fund has failed to pass the Parliament’s upper house. On May 10, Labor attempted to bring a vote in the Senate for the Housing Australia Future Fund; however, the motion was shot down by the Greens and Liberal-National Coalition. As a result, debate on the housing fund will…

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Labor’s Housing Bill at Risk of Defeat as Crossbench Demand More Social Housing Funds

March 21, 2023
Affordable HousingAustraliaBusiness & Marketseconomic policiesGlobal Real Estatehousing fundInternationalreal estatesocial housingWorld
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As the federal government tries to push through a swathe of new laws this fortnight, its $10 billion (US$6.7 billion) Housing Australia Future Fund is at risk of being shot down by the crossbench. Under Labor’s proposed law, a cap of $500 million a year will be applied to funding for building new social and…

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Chinese Citizens Reluctant to Pay for Social Insurance Due to Distrust Toward CCP

March 11, 2021
ChinaChina Business & EconomyChina SocietyChinese Regimehousing fundmaternity insurancesmedicalpensionsocial insurancetwo sessionsunemploymentwork-related injury
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The Chinese regime recently revealed that its social insurance system reported a $96 billion deficit in 2020 due to the impact of the COVID-19 pandemic on the economy. Consequently, China’s state-run media has encouraged people to pay for social insurance programs. The Epoch Times spoke with some Chinese citizens who shared their concerns about the social…

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