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The Conversation
Julie Lawson and Mike Berry
In the year since the Australian government created the National Housing Finance and Investment Corporation (NHFIC), its bond aggregator, AHBA, has raised funds for affordable housing providers, allowing them to refinance loans under better conditions. Its first, A$315 million bond issue was in March. The second A$315 million bond issue this week offers providers 2.07% for ten-year interest-only loans.
The NHFIC has released its first annual report. So what progress has been made? And what could be done better?