Hon Steve Martin asked about the Housing Indemnity Insurance Scheme (HII) fund balance and payouts. The Minister provided the fund balance as $55.5 million, 187 payouts, and a total payout value of $15.21 million as of 16 November 2023.

AnsweredQoN 1755Legislative Council
Asked
16 November 2023
Portfolio
Commerce

QuestionView source ↗

I refer to the Housing Indemnity Insurance Scheme (HII), and I ask: (a) what is the balance of the HII fund as of 16 November 2023; and (b) how many payouts have been made under the HII scheme, so far, this financial year: (i) what is the total value of the payouts identified in (b)?

AnswerView source ↗

Answered
27 February 2024
Responded by
Minister for Commerce
Response time
5 days
Answer
(a)   $55.5 million
(b)   187
(i) As at 16 November 2023, $15.21 million

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