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Commonwealth act
This Act has been repealed and is no longer in force. It is retained for historical reference.
This Act is a straightforward financial mechanism that authorised the Commonwealth (federal) government to hand out money to the states to help fund housing in the 1973–74 financial year.
The Commonwealth had two options for where to draw the funds:
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Direct links to the current provisions in States Grants (Housing Assistance) Act 1973.
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View on official registerSourced from the Federal Register of Legislation (legislation.gov.au), CC BY 4.0.
To top up the Loan Fund, the Treasurer was separately authorised to borrow up to $84.6 million on behalf of the Commonwealth — using existing mechanisms for government borrowing (such as inscribed stock or Treasury Bills) — before the end of 1973.
This Act was part of a broader federal-state partnership to fund public housing across Australia. It reflects the Commonwealth's role in channelling money to states (which are primarily responsible for housing) under a formal housing agreement. It is essentially a one-time, time-limited funding instrument for a single financial year.