Tanya Plibersek (Sydney, Australian Labor Party, Minister for Housing) Share this | Hansard source

I thank the member for Cook for his question. The member for Cook has in the past been a little equivocal about his support for the boost to the first home owners grant, so I take it that today his question implies that he is not in favour of the doubling of the grant for existing homes and the tripling of the grant for new homes. I would like to remind the member for Cook that one of the largest barriers to entering the first-home market for young Australian families and individuals is the difficulty in saving a deposit for most young people, particularly at the moment, when rents are so very high because of very low vacancy rates.

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