Nick McKim (Tasmania, Australian Greens) Share this | Hansard source

I move Greens amendment (1) on sheet 1302:

(1) Schedule 2, page 5 (after line 8), at the end of the Schedule, add:

2 At the end of section 51

Add:

Limit on guarantee

(4) The Commonwealth must not guarantee a loan for which the deposit paid by the borrower or borrowers is less than 5 per cent of the value of the residential property.

I spoke about this amendment in my speech in the second reading debate.