House debates

Tuesday, 8 October 2024

Statements by Members

Help to Buy Bill 2023

1:31 pm

Jodie Belyea (Dunkley, Australian Labor Party) Share this | | Hansard source

I rise to speak about the Albanese Labor government's Help to Buy Bill 2023, which is returning to parliament and is another important initiative regarding the cost of living. The Greens political party and the Liberals have teamed up to delay this bill, which is just shameful. Labor has a simple belief that ordinary Australians should be able to own their own homes. The Help to Buy Bill will help Australians buy a home with a smaller deposit.

By providing a contribution of up to 40 per cent for new homes, the Help to Buy Bill will help Australians on low and middle incomes to buy a home with a deposit as low as two per cent, getting more Australians into a home of their own. This will bring homeownership back into reach for thousands of Australians who have been locked out of the housing market. This government knows it needs to do more to help people own a home in this country. That's why we are working for Australians and getting on with the job of building more homes in this country—as opposed to the Greens and the Liberals, who just want to play politics.