Luke Howarth (Petrie, Liberal Party) Share this | Hansard source

It's great to be able to rise today, and it gives me great pleasure, to speak on the Treasury Laws Amendment (Reducing Pressure on Housing Affordability Measures No. 1) Bill 2017 and the First Home Super Saver Tax Bill 2017. In the May 2017 federal budget, Treasurer Scott Morrison outlined a number of measures to help improve our national property market. Two of those proposed amendments were the First Home Super Saver Scheme and reducing barriers to downsizing. The First Home Super Saver Scheme will allow first home owners to get ahead. It'll give them a great opportunity. It saddens me to hear the shadow Treasurer, the member for McMahon, come into this place and say the opposition won't support it. This man is supposed to be the shadow Treasurer of this nation, and there was not one good reason in his speech for not supporting this bill.

This bill will help young people who haven't bought their first home to get ahead and to keep more of their own cash. Those members opposite should be ashamed of themselves if they don't support this bill. They're just the blind leading the blind. This is good policy. This will help people in every one of our electorates. The member for McMahon is totally wrong, and I would say that he lies when he says that it undermines Australian super. He lies.

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