Anthony Albanese (Grayndler, Australian Labor Party, Prime Minister) Share this | Hansard source

I thank the member for her repeat of a question. Let me go through the issue very clearly. The Help to Buy scheme, a shared equity scheme which I announced at the ALP election campaign in Perth, is that: a shared equity scheme. If you have 100 per cent of a mortgage by yourself, you pay 100 per cent of the interest yourself. If you have a shared equity scheme then by definition a portion of that is not paid by you. That's what a shared equity scheme is. It is completely relevant. It is the way that it works. If you don't understand it, I suggest you talk to the New South Wales Liberal government, which is implementing a scheme, or the Victorian government or the WA government—or, indeed, have a look at what the former Prime Minister Scott Morrison had to say about such schemes in the past.

See this speech in context