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Bendigo and Adelaide Bank calls on Government to quarantine HAFF for regional Australia

9 February 2024 |Announcements

Today, Bendigo and Adelaide Bank is calling on the Federal Government to quarantine regional Australia’s fair share of the Housing Australia Future Fund (HAFF).

We would like to see 40 percent of the HAFF directed to regional Australia to support population growth, address the regional housing crisis, and unlock the economic potential of Australia’s regional communities.

We are also calling on the Government to unite with state and local governments to unlock the critical enabling infrastructure that will ensure new homes are connected to the services that are essential to keeping regional Australia a great place to live.

We welcome recent efforts from regional MPs to secure this much-needed investment in regional Australia.

I’m proud to call regional Australia home. As Australia’s only regionally headquartered, ASX listed bank, we play an important role in addressing the supply side challenges of the housing crisis.

Quarantining 40 percent of the HAFF will provide the certainty the public and private sectors need to funnel investment to where it is needed most.

Marnie Baker
Bendigo and Adelaide Bank CEO and Managing Director

 

Bendigo and Adelaide Bank acknowledges Aboriginal and Torres Strait Islander peoples as the First Peoples of this nation and the Traditional Custodians of the land where we live, learn and work. We pay our respects to Elders past and present as it is their knowledge and experience that holds the key to the success of future generations.

Bendigo and Adelaide Bank Limited, ABN 11 068 049 178 AFSL / Australian Credit Licence 237879. Any advice provided on this website is of a general nature only and does not take into account your personal needs, objectives and financial circumstances. You should consider whether it is appropriate for your situation. Information on this page can change without notice to you.
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