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Australian Property Investor

The Labor Government’s Help to Buy scheme has officially passed Parliament after months of political brinkmanship, with a build-to-rent bill now subject to a Senate vote.

A key plank of the Federal Government’s housing policy has become a reality after The Greens agreed to support Labor’s Help to Buy bill.

Monday’s revelation that The Greens would end their standoff with the government came on a day of political brinkmanship, before the Help to Buy bill successfully passed through the Senate Tuesday and Parliament the following day (27 November).

Anthony Albanese’s government had earlier shut the door on any compromise deal with them or, predictably, the Coalition.

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