Michael Sukkar (Deakin, Liberal Party, Assistant Treasurer) Share this | Hansard source

I would say to the member for Sturt that, indeed, many of the states and territories around Australia have backed in the HomeBuilder program with their own schemes. So in South Australia, in the member's electorate, somebody will not only get as a first home buyer a $25,000 HomeBuilder grant but they will be able to supplement that with $15,000 from the Marshall state government. So they will receive $40,000 towards their first home. This has led Ian Marcos, from the South Australian Master Builders Association to say: 'The phones have been ringing really madly since the announcement. People have been speaking with their feet.'

This scheme, the HomeBuilder scheme, supporting first home buyers, supporting one million jobs in the residential construction industry, builds on the First Home Loan Deposit Scheme, where 10,000 people have been able to buy their first home with a deposit of as little as five per cent and, in a few weeks' time, 10,000 new places will be available. It also builds on the First Home Super Saver Scheme, a way for people to accelerate their savings through superannuation.

The HomeBuilder scheme, First Home Loan Deposit Scheme and First Home Super Scheme have a couple of things in common. Firstly, they help first home buyers get into the market. They support residential construction jobs and every single one of those policies was opposed by the Labor Party.

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