The prime minister will announce the $2 billion one-off investment — which will be distributed among the states and territories within the next two weeks — during a speech at the Victorian Labor Conference today.
NSW will give their share straight to property developers.
Vic will give their share as a negative gearing special rebate.
Qld will give their share as a first home buyers deposit. It will instantly raise the prices of all real estate by that same amount, ensuring that you can never be a first home buyer.
Tassie will probably spend theirs on a footy stadium, with a granny flat in the carpark to make sure it qualifies
ACT gets 1.5 billion of this to go to housing on submarines.