Senate debates

Tuesday, 26 November 2024

Bills

Help to Buy Bill 2023, Help to Buy (Consequential Provisions) Bill 2023; In Committee

1:11 pm

Photo of Andrew McLachlanAndrew McLachlan (SA, Deputy-President) Share this | Hansard source

I will now deal with the amendments to the Help to Buy Bill 2023 circulated by Senator Thorpe. The question is that the amendments on sheet 2902 circulated by Senator Thorpe be agreed to.

Senator Thorpe's circulated amendments—

(1) Clause 24, page 16 (after line 27), at the end of the clause, add:

(5) The first instrument made under subsection (1) must include a direction about the matter covered by subsection 25(2A).

Note: The instrument may also include directions about other matters.

(2) Clause 25, page 17 (after line 21), after subclause (2), insert:

Priority Help to Buy arrangements

(2A) The matter covered by this subsection is the prioritisation by Housing Australia of Help to Buy arrangements that are for the benefit of persons who are one or more of the following:

(a) a person with disability;

(b) a First Nations person;

(c) an older woman;

so that the following occurs:

(d) 10% of Help to Buy arrangements entered into (not including the arrangements covered by paragraph (e) or (f)) are for the benefit of persons with disability;

(e) 10% of Help to Buy arrangements entered into (not including the arrangements covered by paragraph (d) or (f)) are for the benefit of First Nations persons;

(f) 10% of Help to Buy arrangements entered into (not including the arrangements covered by paragraph (d) or (e)) are for the benefit of older women.

(2B) A direction about the matter covered by subsection (2A) must set out the criteria for prioritising Help to Buy arrangements as outlined in that subsection.

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