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The Australian Banking Association (ABA) welcomes the opportunity to provide feedback on the amendments to the Housing Australia Investment Mandate Direction (Investment Mandate).
The ABA continues to support establishment of the Housing Australia Future Fund as a mechanism to provide a sustainable funding source to support and increase the development of social and affordable housing during a critical period of lower than required housing supply. The ABA acknowledges that other industry factors such as planning, and the cost and availability of appropriate construction services, will also be important in stimulating housing supply.