Opened the debate
Jarrett moved the motion to acknowledge the government's commitment to helping Australians achieve home ownership through the expanded five per cent deposit scheme and the Help to Buy shared equity program. Jarrett noted that 270,000 Australians had accessed the deposit scheme, with 32,000 in Brisbane alone, allowing them to pay their own mortgages. Jarrett explained that Help to Buy enables low- and middle-income earners to enter the market with a two per cent deposit, with the Commonwealth contributing up to 40 per cent for new homes. Jarrett emphasised the government's $47 billion housing agenda, which includes building 55,000 social and affordable rental homes and 100,000 homes for first home buyers, supported by infrastructure investment and regulatory reforms.