STATEMENTS BY MEMBERS

Ms FRANCE (Dickson) (13:52): First home buyers have been playing the housing hunger games, where only investors survive and thrive—first home buyers in the arena, armed with a deposit and hope, up against dozens of cashed-up investors. Only one house, one winner—until now. Over the last week I have spoken to many 'tributes' in my electorate of Dickson who say the game has finally changed in their favour.

Our changes to negative gearing and capital gains tax incentives announced in the budget are already making a difference on the ground. Katie and her partner have been trying to buy their first home in Petrie, in my electorate of Dickson, for six years. They have been outbid by investors year after year.

Last weekend, Katie went to an open home. It was just her and her partner, no investors. She now feels they have a chance.

Kathleen, a 65-year-old single mum from Arana Hills who has spent a year looking for a home, has been outbid many times. Finally, she had her offer accepted on the weekend. Now her daughter and her two grandchildren will move in with her, and she says she finally feels their future will be safe and secure.

Our tax reforms finally changed the game. This budget is about levelling the playing field. The odds are finally in their favour.