Senate debates

Wednesday, 1 October 2014

Questions without Notice

Housing Affordability

2:33 pm

Photo of Bob DayBob Day (SA, Family First Party) Share this | Hansard source

My question is to the Minister for Finance, Senator Cormann. I refer to my question last Wednesday about price gouging by state government land management authorities. I remind the minister that the forerunner to these authorities, the South Australian Land Commission, had in its governing legislation that land agencies were to be not-for-profit entities, and were to provide land to assist those in the community who were least able to afford to buy their own homes. The Financial Review today reports that the government is to abandon billions of dollars of budget measures because they are currently blocked in the parliament, leaving few options for budget repair—one of those being states and territories missing out on grants funding. If the government is exploring cuts to state grants, would it consider cutting funding to those states which are creating the most damage to the economy and to housing affordability by their price-gouging practices?

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