Terms of Reference

Terms of Reference

That the following matter be referred to the Economics References Committee or inquiry and report by 5 December 2024:

Whether the present financial regulatory framework adequately prioritises the goal of home ownership for Australians, with particular reference to:

  1. Australian Prudential Regulation Authority prudential standards and Corporations Act 2001 provisions for lending;
  2. the nature and type of debt and equity arrangements being used to underpin housing development;
  3. the appropriate involvement (if any) of corporate and institutional funds in the provision of housing;
  4. the effectiveness of mechanisms to monitor investment in the residential property market;
  5. the tax treatment of residential property and impacts on demand and house prices;
  6. the adequacy of metrics available to policymakers for monitoring the ratio of new housing supply relative to population growth;
  7. examples of effective priority treatment for aspiring Australian homeowners that do not compromise financial stability; and
  8. any related matters.

Committee Secretariat contact:

Senate Standing Committees on Economics
PO Box 6100
Parliament House
Canberra ACT 2600

Phone: +61 2 6277 3540
economics.sen@aph.gov.au