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SenateMonday 3 November 2025

QUESTIONS WITHOUT NOTICE

Senator WONG (South Australia—Minister for Foreign Affairs and Leader of the Government in the Senate) (14:37): The answer is that we don't. The five per cent deposit was the subject of advice, and the facts are that lending rules and serviceability requirements stay the same, and the Treasury advice indicated the impact on house prices would be minor. You'll recall also that this is only one part of a comprehensive suite of housing policies, including the addition of supply.

The PRESIDENT: Senator Bragg, second supplementary?

SourceSenate, Monday 3 November 2025 — official recordTA-251103-senate-04448875d043:s193