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Second Reading Speeches

National Housing Finance and Investment Corporation Amendment Bill 2019

Type
Government
Portfolio
Treasury
Originating house
House of Representatives
Status
Act
Parliament no
46

Track (What's this?)

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Summary

Amends the

National Housing Finance and Investment Corporation Act 2018
to: establish the First Home Loan Deposit Scheme which will enable the National Housing Finance and Investment Corporation (NHFIC) to provide a limited guarantee to allow first home buyers to purchase a home with a minimum deposit of 5 per cent of the property purchase price; and enable the NHFIC to undertake research into housing affordability in Australia, including housing supply and demand.