Cost of Living Discussions in the Senate (24/07/2025)

The debate on the Housing Investment Probity Bill highlighted criticisms of government housing management, calls for comprehensive reforms, concerns over financial integrity, and ongoing challenges surrounding housing affordability and supply, emphasizing the need for accountability in addressing these issues.
  • Housing Investment Probity Bill 2024: The session featured extensive debate over the Housing Investment Probity Bill 2024, introduced by Senator Andrew Bragg (LP). He criticized the government’s management of the Housing Australia Future Fund, highlighting a significant shortfall in housing delivery, with only 300 homes acquired despite a $10 billion investment. Bragg accused the government of failing to provide transparency in its dealings with the Construction, Forestry, Maritime, Mining and Energy Union (CFMEU), asserting that taxpayer funds should be protected from corruption and inflated pricing (pp. 1-3).
  • Critique from Senator Darmanin: In response, Senator Lisa Darmanin (ALP) challenged Bragg’s narrative, suggesting that the bill was ideologically driven rather than focused on addressing the genuine housing crisis. She distinguished the role of Cbus Super in funding affordable housing efforts from the actions of the CFMEU (pp. 3-5).
  • Call for Comprehensive Reforms: Other senators, including Barbara Pocock (AG), supported the notion that both major parties have inadequately addressed the pressing issues of housing affordability and availability. They called for comprehensive reforms instead of piecemeal solutions (pp. 5-7).
  • Concerns Over Financial Integrity: Senator Bragg reiterated the necessity of the bill to prevent any connection between government funds and potentially corrupt organizations like the CFMEU, claiming that previous governments had been more successful in housing development. He pointed out the lack of adequate housing production in recent years compared to past performance (pp. 8-9).
  • Affordability Crisis Discussion: During the debates, several senators, including Senator Sharma, echoed concerns about the housing affordability crisis stemming from insufficient housing supply and ineffective policies aimed at superannuation funds (pp. 9-10). Darmanin defended the government’s commitment to comprehensive housing strategies while criticizing the opposition’s stance.
  • Votes and Divisional Reports on Housing: The session included multiple votes related to housing and health bills. There was notable opposition to proposed housing measures and challenges to the government’s performance in providing affordable housing solutions (pp. 31-34).
  • Senator Gallagher’s Remarks: In final comments, Senator Gallagher highlighted new parliamentary committee appointments that would focus on holding the government accountable for its housing and healthcare policies (pp. 26-29).
  • Conclusion of Proceedings: Overall, the discussions underscored a contentious debate on housing policies in Australia, with calls for greater accountability and effectiveness in addressing the critical issues of cost of living and housing affordability, assuring that these matters remain at the forefront of political discourse moving forward (p. 34).

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