Murray Watt (Queensland, Australian Labor Party, Shadow Minister for Northern Australia) Share this | Hansard source

I move the amendment that has been circulated in my name:

(1) Schedule 1, page 5 (after line 7), after item 15, insert:

15A After section 57

Insert:

57A Review of assistance to first home buyers

(1) The Minister must cause a review of the National Housing Finance and Investment Corporation's activities assisting additional first home buyers to enter the housing market to be commenced within 3 months after the end of:

(a) the period beginning on the date when the first guarantee is issued and ending 12 months after that date; and

(b) each subsequent 12 month period.

(2) The persons undertaking the review must give the Minister a written report of the review within 3 months of the commencement of the review.

(3) The Minister must cause a copy of the report to be tabled in each House of the Parliament within 15 sitting days of that House after the report is given to the Minister.