Greens offer compromise on Labor’s stalled housing bill, scaling back demands

Labor has won support for its housing future fund bill from a number of crossbenchers but will require Greens support to get it through the Senate. Photograph: Mick Tsikas/AAP

The Greens have scaled back their demands on housing, offering to pass Labor’s future fund bill in return for $2.5bn a year of direct spending and action on soaring rents.

The Greens and Albanese government are still locked in negotiations over the $10bn housing Australia future fund, with the latest offer from the minor party designed to allow the Senate to pass the bill in the June sitting.