❓ A WA parliamentary question seeks data on Keystart home loans, including the number of loans, arrears, defaults, and repossessions. The answer provides specific figures, indicating a low repossession rate compared to the market average.
AnsweredQoN 8324Legislative Assembly
QuestionView source ↗
I refer to Keystart home loan products, and I ask:
(a) how many Keystart home loans are there as at 30 April 2012;
(b) how many Keystart loans are currently in arrears;
(c) how many Keystart loans are current in default; and
(d) how many properties have been repossessed as a result of loan default in:
(i) 2009–2010;
(ii) 2010–2011; and
(iii) as at 30 April 2012?
(a) how many Keystart home loans are there as at 30 April 2012;
(b) how many Keystart loans are currently in arrears;
(c) how many Keystart loans are current in default; and
(d) how many properties have been repossessed as a result of loan default in:
(i) 2009–2010;
(ii) 2010–2011; and
(iii) as at 30 April 2012?
AnswerView source ↗
Answered
11 September 2012
Responded by
Minister for Housing
Response time
35 days
The Department of Housing advises:
(a) 16 768
(b) 119 as at 31 July 2012.
(c) Nine.
(d)(i) Nil
(ii) Three
(iii) Six. This represents 0.04%, which is much lower than the market bank average.
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(a) 16 768
(b) 119 as at 31 July 2012.
(c) Nine.
(d)(i) Nil
(ii) Three
(iii) Six. This represents 0.04%, which is much lower than the market bank average.
Notice: This document is created or edited using unregistered or evaluation copy of rtLib valid for testing or development purposes only. To use it for productive or any other purposes please register it. You may purchase the license on
http://www.rtlib.com
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