Senate debates

Thursday, 23 March 2017

Questions without Notice

Housing Affordability

2:42 pm

Photo of Peter Whish-WilsonPeter Whish-Wilson (Tasmania, Australian Greens) Share this | Hansard source

A very short answer, Senator Cormann. Young people in this country are being completely screwed by the Australian housing market. The amount they need for a deposit is going up every month by much more than they could possibly save. Given that a home deposit in places like Sydney is skyrocketing $850 every month, what assurance can you give first home buyers, especially young Australians, that you will bring policies into this budget to stop runaway increases in the cost of putting a roof over Australians' heads?

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