Press conference in Sydney

BILAL EL-HAYEK: Well, good morning everyone. I want to welcome you here to the City of Canterbury Bankstown to this important announcement. Well, Bankstown is booming. We have 14,000 new homes coming to Bankstown, brand new metro, a state of the art hospital. So this fantastic announcement comes in at a perfect timing when we are planning for our open space. I actually want to welcome all the ministers as well of course, the Federal Minister, Catherine King, Paul Scully, Rose Jackson, and the candidate for Banks, Zhi Soon.

I'll now hand over to the Minister, Catherine King. Minister.

CATHERINE KING: Thank you. Thanks, Mayor. And it's fantastic to be here today alongside my state counterparts, Paul Scully and Rose Jackson. Both planning and housing are pretty critical to the announcement we're making today. And of course, Zhi Soon, our fantastic candidate for the federal seat of Banks in the upcoming federal election, whenever that may be.

Well, today we're announcing alongside the New South Wales Government that as part of the Albanese Labor Government's Housing Support Program, we're providing over $300 million to New South Wales to bring on stream over 60,000 homes, including very quickly, over 100 social homes that are incredibly important across the whole of New South Wales. What this money goes towards is the enabling infrastructure to bring those developments to fruition, so things like the road infrastructure, water, sewerage, other utilities. But also more importantly, we're also funding community infrastructure. As you can see from the development behind me, it isn't just about building houses. It's actually about building green space, good places for people to be able to walk through on their way to work, get that really sense of place, but also be able to bring their kids and make sure that they are cooler places for people to be able to engage in recreation and social activities. So part of that $300 million we're announcing today is, here in Bankstown, a further community space. Again, it's not just about having well-located homes around train stations, around Metro. It's really about also making sure these are great and liveable places.

The money is being stretched right across the state, so Parramatta, Kellyville, Bella Vista, community spaces there, and as I said also, social housing in Albury. This program is part of over almost $2 billion that the Federal Government is investing in that infrastructure. We're doing that now. The money is flowing. That infrastructure is being built to bring those 60,000 additional homes on stream here in New South Wales. It forms part of our $32 billion commitment to really build over 1.2 million homes across the whole of the country, and my part of it is building the infrastructure.

I might hand over to Minister Scully to say a few words and then Minister Jackson.

PAUL SCULLY: Thank you, Minister King. And thank you, Mayor Bilal, for inviting us here today to Bankstown.

As you can see, there's a lot of activity going on in Bankstown. As the Mayor just said, Bankstown is booming. As part of the New South Wales Government's work to build more housing, our focus is building better communities. When we did the master planning and rezoned areas around the Transport Oriented Development’s accelerated precincts, we made it very, very clear that we were not just building housing, we were building communities. That means vibrant communities with access to jobs, access to transport, and access to good public spaces. This financial support, the $228.2 million from the Commonwealth Government to go towards accelerating the delivery of those new public spaces, will be an important contribution to that work that the New South Wales Government is undertaking.

Together, in the first tranche, Bankstown's accelerated precinct, along with the accelerated precincts in Kellyville and Bella Vista, have been identified for those priority public spaces. We'll continue to work with the council here in Canterbury Bankstown, through the Parks for People program, to deliver those public spaces to make sure that alongside the homes, alongside the jobs, alongside the transport activity that's going here, is going to be the public spaces that people need, green spaces for people to meet, to recreate, to engage with other parts of the community. It's really vital that we look at those areas not just from an environmental perspective, but the social benefit they bring.

I'll leave some further comments on the social housing part to Minister Jackson, but I'd just like to acknowledge the hard work of the Mayor and the council here at Canterbury Bankstown. They have been in lockstep with the New South Wales Government right the way through this process, identifying and recognising that Bankstown and Canterbury are great places to live and will continue to be, but there are even better places, courtesy of this contribution from the Albanese Government, to make sure that we can get those green spaces underway, get those recreational spaces underway as we deliver new homes and as we complete the work on the metro here. Minister Jackson.

ROSE JACKSON: We know that New South Wales is in a housing crisis. The number one issue that’s raised with us when we’re talking to the community is cost of living. That is the thing that the community is absolutely determined that governments understand is hitting them hard, and we know that part of addressing cost of living is to delivering more affordable housing. It’s simply too expensive to find a place to buy and rent. What the State Government and the Federal Government are determined to do is put our money where our mouth is when it comes to addressing that crisis. So the State's put $5.1 billion into building more social housing, and we are incredibly thrilled to have a federal partner that is willing to come to the table and contribute as well. This announcement alone is another $70 million to build social housing. We know that we need growth. We know we need more homes. But it's not just any old growth, it's good growth. It's growth that delivers better, more diverse communities. And yes, that's infrastructure, that's green space, that's community amenity, that's transport. But it's also diverse types of homes, and social and affordable housing is part of that mix.

With this $70 million, we're going to be able to bring hundreds of new social housing properties online. We've already started that work from east to west, from Randwick to Campbelltown. We're looking at acquiring homes in places like Lismore and Tweed as well – areas recently hit by Tropical Cyclone Alfred. So this is exactly the kind of working together between state and federal governments that are going to be necessary to confront the housing crisis.

It's also really important to call out our local government partners, local councils, we've always been up front, have been a little bit of a mixed bag when it's come to supporting housing. Not Canterbury-Bankstown – this is a council that is deeply invested in building a great community here, and it's fantastic to have Mayor Bilal El-Hayek here alongside us to demonstrate all three levels of government working together. This is yet more money to build the homes that people need, that security of a roof over your head. We need a federal government that is willing to stick to the course when it comes to supporting housing, and the State Government is ready to stand right alongside it, using the funding to deliver homes that we know are desperately needed in this state.

CATHERINE KING: Happy to take any questions.

JOURNALIST: Well, may I ask about the allegations yesterday [indistinct] …

CATHERINE KING: [Interrupts] Sure – have you've got any questions on this- the announcement today yet? Nope, okay. Happy to take further- other questions, sure.

JOURNALIST: … allegations last night on 60 Minutes and Nine papers about more corrupt and [indistinct], specifically in Victoria. I note one area of Victoria on the North East Link Road where federal taxpayers have already committed $3 billion to this project. How can federal taxpayers know that there won't be any sort of- or, you know, if that money's being overinflated, or if there’s any sort of corruption or wrongdoing in that process?

CATHERINE KING: Yeah, so we have zero tolerance for criminal activities on any work site, and especially on our building work sites. We have already taken strong action against the CFMEU by placing it in administration, and the administrator continues to do his work. When this broke some time ago, in terms of the CFMEU, I was in the process of negotiating new federated funding agreements with every state and territory. In those agreements, we have inserted new clauses that require states and territories to ensure they are- that we are receiving value for money on every single project where the Commonwealth is investing, that we are prioritising businesses that engage in ethical business practices. And I also wrote to every state and territory minister asking their assurance that proper checks are being put in place to ensure that- again, that value for Australian taxpayer dollars, and if there is any criminal activity seen on any of the sites where the Commonwealth is investing that that immediately be reported both to the administrator, to the police and also to my department. And we'll continue to work with every state and territory in relation to that.

But I want to make it very clear: this is hard fought money. Taxpayers don't want to see their money going to criminals, and that is incredibly important that every state and territory ensures that it's got the assurance processes in place to make sure that we are getting value for money for every taxpayer dollar.

JOURNALIST: Did the Federal Government conduct its own audit of the $3 billion in this project?

CATHERINE KING: Well, again, what we have asked quite specifically is that every state and territory give us those assurances. I saw the program on 60 Minutes last night. If there is more that needs to be done, I'll have a look at that. But what we have asked is every state and territory to assure us that they have the processes in place to make sure that this activity is not being undertaken. Thanks everyone.