House debates Questions without Notice

Economy

Tuesday, 2 June 2009 House of Representatives

Kevin Rudd

Kevin Rudd Griffith, Australian Labor Party, Prime Minister

2:02 pm

16.1 per cent lower through the year to April in Australia, compared to the latest through-the-year falls of 38.3 per cent in Canada, 50.2 per cent in the United States and 56.6 per cent in New Zealand. What government policy has been initiated by this side of the House to provide support for the building industry? It is called the first home owners boost. And what I can announce today is new data from the Australian Treasury whereby in April we saw the highest take-up so far of the first home owners boost—the highest take-up so far: 18,736 Australians taking up the first home owners boost in April. I assume that gets a ‘hear, hear’ from those opposite?

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