Malcolm Roberts (Queensland, Pauline Hanson's One Nation Party) Share this | Hansard source

Minister, the income thresholds are set at $90,000 for singles and $120,000 for married couples. This is set nationally, despite the average house price varying from $504,000 in Darwin to $1.2 million in Sydney. My first question is: why are you not adjusting the income threshold from state to state?

My second question is: if an Australian who enters into the Help to Buy arrangement, where the government owns part of their home, renovates their home at their own expense, spending sometimes hundreds of thousands of dollars and thousands of hours swinging hammers and pulling up carpet, and as a result of their renovations their $500,000 home increases in value to $600,000, how much of that Australian's renovation profit will the government take for doing nothing?