Senate debates

Wednesday, 11 February 2009

Appropriation (Nation Building and Jobs) Bill (No. 1) 2008-2009; Appropriation (Nation Building and Jobs) Bill (No. 2) 2008-2009; Household Stimulus Package Bill 2009; Tax Bonus for Working Australians Bill 2009; Tax Bonus for Working Australians (Consequential Amendments) Bill 2009; Commonwealth Inscribed Stock Amendment Bill 2009

In Committee

5:30 pm

Photo of Nick SherryNick Sherry (Tasmania, Australian Labor Party, Minister for Superannuation and Corporate Law) Share this | Hansard source

There will be a set of strict criteria which will be monitored by the Commonwealth about the purchase of new homes and, where there is existing partially completed stock, about how that would occur. We are not ruling it out. I am not saying that that will happen, but we are not ruling it out because it may be necessary. That is not the focus of the program going forward, but there will be detailed criteria set out to oversight that.

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