Senate debates

Monday, 14 October 2019

Bills

National Housing Finance and Investment Corporation Amendment Bill 2019; In Committee

5:22 pm

Photo of Jane HumeJane Hume (Victoria, Liberal Party, Assistant Minister for Superannuation, Financial Services and Financial Technology) Share this | Hansard source

The aim of this legislation is not to bring the price of houses down overall. The aim of this scheme is to allow first home buyers to enter the market with only a five per cent deposit.

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