Treasury Laws Amendment (Housing Measures No. 1) 2023 [No. 2]

# Treasury Laws Amendment (Housing Measures No. 1) 2023 ## What it does This bill updates laws to make the National Housing Finance and Investment Corporation work alongside a new Housing Australia Future Fund (a $10 billion fund created separately to help build affordable homes). It changes how these organisations operate and updates related legal rules so everything works together smoothly. ## Why it matters The government is trying to increase affordable housing supply, and this bill removes legal roadblocks to make that happen faster. It essentially gives the housing agency the flexibility and tools it needs to do its job without being held up by outdated rules. ## Key details - **The Housing Australia Future Fund needs to pass first**: This bill only fully kicks in once the separate Housing Australia Future Fund Act 2023 becomes law — if that bill doesn't pass, some parts of this one won't happen at all. - **Timing**: Most changes come into effect within 14 days of the bill receiving Royal Assent, but some are tied to the Future Fund passing. - **What's changing**: Updates to the National Housing Finance and Investment Corporation Act, and adjustments to how it interacts with Freedom of Information laws and administrative review laws — mostly technical fixes to enable the new fund to operate properly.