Attendees will include ANZ’s Shayne Elliott,Commonwealth Bank’s Matt Comyn,Westpac’s Peter King and National Australia Bank’s Ross McEwan as well as AustralianSuper chief executive Paul Schroder,CBUS chairman Wayne Swan and HESTA chief executive Debby Blakey.
Chalmers said it was the first time some of these investors had been brought together to work with the government on significant issues.
“Starting with housing today,we will work closer than ever before with leading investors,major banks,global asset managers and superannuation funds to promote stronger investment in these priority areas,” he said. “This is about delivering strong returns for shareholders and strong returns for Australians.”
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The Property Council,the Housing Industry Association and Master Builders Australia will also be represented at the roundtable,while Treasury secretary Steven Kennedy will give an update on the investment environment and ACT Chief Minister Andrew Barr will deliver a state and territory perspective.
In the October budget,the government unveiled a historic housing accord with state and territory governments,investors and the construction sectorto build 1 million “well-located” homes in five years from 2024.
The plan includes federal government funding for 40,000 new social or affordable homes,most of which will be funded through the $10 billion Housing Australia Future Fund in its first five years.