Senate debates
Tuesday, 26 November 2024
Bills
Help to Buy Bill 2023, Help to Buy (Consequential Provisions) Bill 2023; In Committee
12:32 pm
Malcolm Roberts (Queensland, Pauline Hanson's One Nation Party) Share this | Hansard source
I have questions. I asked three questions in my speech in the second reading debate. My first question goes to the minister. It seems that the government will essentially become the second mortgagor to a bank on a home loan. In the event of a default or price fall, is a bank entitled to recover all of its losses before the government recovers any money, due to this priority? Secondly, what is the priority of security the government holds compared to the bank mortgage?
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