[no bill text published] FED Investment Prohibitions for the Future Fund Board Regarding Social and Affordable Housing

Housing Investment Probity Bill 2024

Opposition Bill

Senate

House of Representatives

Assent

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Introduced by: Senator Andrew Bragg (LIB)

Links to official parliament websites

Official page: progress through parliament

Effects of this bill

If this bill passes, it means that:

The Future Fund Board cannot invest in social or affordable housing financial assets under specific conditions.
This ban applies if the Construction and Building Unions Superannuation Fund has already invested or plans to invest in the same asset.
The ban only applies during a 'prohibited time'.
A prohibited time is when the Construction, Forestry and Maritime Employees Union or any of its branches is under administration.