❓ Hon Peter Collier questions the Minister for Housing regarding the impact of increased income limits on Keystart loans and the purchase of shared equity properties. The Minister's response indicates a 19% increase in applications due to the income limit changes and provides data on shared equity property purchases.
AnsweredQoN 111Legislative Council
QuestionView source ↗
KEYSTART LOANS
111. Hon PETER COLLIER to
the minister representing the Minister for Housing:
I refer to the minister's
media release dated 3 December 2019 titled ''New housing boost helps
more West Aussies and supports economy''.
(1) How many loans originated as a result
of increases in the income limits?
(2) Is the total in (1) less than the government
forecast when it made the announcement; and, if yes, by how many?
(3) What number
of either constructed or established shared equity properties were purchased in
each of the following years: 2015–16, 2016–17, 2017–18,
2018–19, and the year to date?
111. Hon PETER COLLIER to
the minister representing the Minister for Housing:
I refer to the minister's
media release dated 3 December 2019 titled ''New housing boost helps
more West Aussies and supports economy''.
(1) How many loans originated as a result
of increases in the income limits?
(2) Is the total in (1) less than the government
forecast when it made the announcement; and, if yes, by how many?
(3) What number
of either constructed or established shared equity properties were purchased in
each of the following years: 2015–16, 2016–17, 2017–18,
2018–19, and the year to date?
AnswerView source ↗
I thank the Leader of the Opposition
for some notice of the question. The following answer has been provided by the
Minister for Housing.
(1) Since the announcement on 1 May 2019 regarding
income limit changes, Keystart has recorded a 19 per cent increase in
applications attributable to the higher income limits.
(2) No.
(3) Keystart loans formally approved for constructed
and established shared equity properties in the following financial
years are: 401 in 2015–16; 330 in 2016–17; 265 in 2017–18;
156 in 2018–19; and 80 in the year to date.
for some notice of the question. The following answer has been provided by the
Minister for Housing.
(1) Since the announcement on 1 May 2019 regarding
income limit changes, Keystart has recorded a 19 per cent increase in
applications attributable to the higher income limits.
(2) No.
(3) Keystart loans formally approved for constructed
and established shared equity properties in the following financial
years are: 401 in 2015–16; 330 in 2016–17; 265 in 2017–18;
156 in 2018–19; and 80 in the year to date.
Explore WA Government Data
Search the full archive in the free dashboard, or query programmatically via API.
Explore more
Government Gazette
Appointments, regulatory notices, planning changes.
Hansard
Debates, questions, speeches and sentiment.
Tabled Papers
Reports and documents tabled in Parliament.
Committees
Committee profiles and recent reports.
Regulations
Subsidiary legislation with filters and summaries.
Bills
Proposed laws and parliamentary progress.
Acts
Current WA legislation and summaries.
Explanatory Memoranda
Bills with EMs (text/PDF) available.
Members
MP profiles, party breakdown and rankings.
Pollie Rankings
Data-driven rankings across 19 categories.
Amendment Chains
Track how schemes and regulations evolve over time.