Michaelia Cash (WA, Liberal Party, Deputy Leader of the Government in the Senate) | Hansard source

We, the government, understand that homeownership is so important to the Australian people. What we are doing is making homeownership a reality for thousands more Australians. As part of our government's plan for a stronger future, we are supporting even more aspiring homeowners to get into the market, and the way we're going to do that—and we'll have more to say about that tonight—is to build on the remarkable success of our government's home guarantee scheme. We will more than double the program to 50,000 places a year. This means that this program, which does get people into their homes, will continue to help more single parents to buy a home with a deposit of as low as two per cent and help more first home buyers with a deposit of as low as five per cent. You'll hear more about that great Australian dream of homeownership tonight.