Senate debates

Wednesday, 4 February 2026

Questions without Notice

Housing

2:46 pm

Photo of Tim AyresTim Ayres (NSW, Australian Labor Party, Minister for Industry and Innovation) Share this | Hansard source

Senator Payman, I'd leave the jokes to Senator McGrath, he's done a better job over the course of the last 24 hours, I think. I'm not sure what the evidence base that you have from your incoming Facebook and Instagram is for these questions, but I can tell you that 220,000 Australians, since we have come to office, have accessed that scheme so that they are able to, instead of facing a 10 per cent deposit—that is just such a long way away for many ordinary people particularly young people—access a five per cent deposit, get into the housing market, improve their home, make decisions about family life, expand their families and accrue the benefits of the capital gains. I know the Greens don't like it. (Time expired)

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