Hon Barry House questions the Housing Minister on the unrealistic maximum purchase price of $85,000 for the Home Buyers Assistance Fund. The Minister acknowledges the issue and states it's under consideration as part of broader policy initiatives.

AnsweredQoN 219Legislative Council
Asked
19 June 2001
Portfolio
Housing

QuestionView source ↗

(1) Does the minister agree that the maximum purchase price of $85 000 for qualification for the home buyers assistance fund in metropolitan and country locations is unrealistic? (2) Does the minister support an increase in the maximum purchase price criteria for the home buyers assistance fund? Hon TOM STEPHENS

AnswerView source ↗

(1)-(2) The issue the member raised is one of a number of issues I am currently considering.  The member has highlighted one of the problems in a number of those assistance packages.  The packages do not provide an adequate spread of state and other assistance for home buyers in areas where housing is at a premium and housing costs are high.  I want the Ministry of Housing to assist me in the preparation of some policy initiatives that would provide a better spread of financial assistance for people under a variety of schemes, including that which the member mentioned.
(2) Does the minister support an increase in the maximum purchase price criteria for the home buyers assistance fund? Hon TOM STEPHENS replied: (1)-(2) The issue the member raised is one of a number of issues I am currently considering.  The member has highlighted one of the problems in a number of those assistance packages.  The packages do not provide an adequate spread of state and other assistance for home buyers in areas where housing is at a premium and housing costs are high.  I want the Ministry of Housing to assist me in the preparation of some policy initiatives that would provide a better spread of financial assistance for people under a variety of schemes, including that which the member mentioned.
Hon TOM STEPHENS replied: (1)-(2) The issue the member raised is one of a number of issues I am currently considering.  The member has highlighted one of the problems in a number of those assistance packages.  The packages do not provide an adequate spread of state and other assistance for home buyers in areas where housing is at a premium and housing costs are high.  I want the Ministry of Housing to assist me in the preparation of some policy initiatives that would provide a better spread of financial assistance for people under a variety of schemes, including that which the member mentioned.
(1)-(2) The issue the member raised is one of a number of issues I am currently considering.  The member has highlighted one of the problems in a number of those assistance packages.  The packages do not provide an adequate spread of state and other assistance for home buyers in areas where housing is at a premium and housing costs are high.  I want the Ministry of Housing to assist me in the preparation of some policy initiatives that would provide a better spread of financial assistance for people under a variety of schemes, including that which the member mentioned.

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