Ross Cadell (NSW, National Party, Shadow Minister for Water) | Hansard source

We hear 'Not true!' from the other side. We have the ANZ bank coming out and saying it's 10.6 per cent nationwide. In Sydney, in my home state—I'm from the Hunter—it's 14.5 per cent; it's even worse there. We have just wee'd away $1.3 trillion of Australian wealth because a government thought it was a good idea. What a great idea! Let's just throw $48,000 per person in the garbage and say, 'Oh, but that's going to make first-home buyers.'

They talk about the things they've done, such as a five per cent deposit for a new home buyer. Now, I know those over on the other side are not great with numbers, but if I put a five per cent deposit down—