Marielle Smith (SA, Australian Labor Party) Share this | Link to this | Hansard source

The Albanese Labor government promised five per cent deposits for first home buyers, and we are delivering early. We've brought forward the expanded five per cent deposit scheme to 1 October 2025, ahead of schedule, so we can help more first home buyers into a home. We understand that the fundamental challenge facing our community at the moment is a lack of supply in the housing market. Those on the other side have never met a housing policy that they like, never met a bill that they want to support to get more young Australians into a house, and for years teamed up with this lot over here to block a housing agenda which would have seen more South Australians and Australians across the country with homeownership. They've blocked it every single step of the way, but we have a high ambition for Australians. They think young Australians should rip money out of their super to buy a home. We believe they should have both. Young Australians deserve both a great, secure retirement and homeownership. We are the only party in this place putting our money where our mouth is to get young Australians into homes. It's time that those on the other side support it.

Sue Lines (President) Share this | Link to this | Hansard source

We are going to move to question time.