Legislate a HomeKeeper mortgage product for the 5 major banks

Summary of proposal

The proposal would lower mortgage costs by legislating a HomeKeeper mortgage product, with a default regulatory ceiling at no more than 1.0% above the Reserve Bank of Australia (RBA) cash rate.

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Legislate a HomeKeeper mortgage product for the 5 major banks

Summary of proposal

The proposal would lower mortgage costs by legislating a HomeKeeper mortgage product, with a default regulatory ceiling at no more than 1.0% above the Reserve Bank of Australia (RBA) cash rate.

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Wholesale funding guarantee for smaller banks

Summary of proposal

The proposal would provide a wholesale funding guarantee to smaller banks, enabling them to compete with major banks by borrowing at equivalent costs.

The proposal would start on 1 July 2025.

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Wholesale funding guarantee for smaller banks

Summary of proposal

The proposal would provide a wholesale funding guarantee to smaller banks, enabling them to compete with major banks by borrowing at equivalent costs.

The proposal would start on 1 July 2025.

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Wholesale funding guarantee for smaller banks

Summary of proposal

The proposal would provide a wholesale funding guarantee to smaller banks, enabling them to compete with major banks by borrowing at equivalent costs.

The proposal would start on 1 July 2025.

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Cease undersubscribed COVID-era securitisation measures

Summary of proposal

The proposal would close the Australian Small Business Securitisation Fund (ABSF) and Structured Finance Support Fund (SFSF). All unallocated appropriations would be returned to consolidated revenue and used to pay down government debt.

The proposal would be ongoing and start on 1 July 2025.

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Cease undersubscribed COVID-era securitisation measures

Summary of proposal

The proposal would close the Australian Small Business Securitisation Fund (ABSF) and Structured Finance Support Fund (SFSF). All unallocated appropriations would be returned to consolidated revenue and used to pay down government debt.

The proposal would be ongoing and start on 1 July 2025.

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Cease undersubscribed COVID-era securitisation measures

Summary of proposal

The proposal would close the Australian Small Business Securitisation Fund (ABSF) and Structured Finance Support Fund (SFSF). All unallocated appropriations would be returned to consolidated revenue and used to pay down government debt.

The proposal would be ongoing and start on 1 July 2025.

Read more

Cease undersubscribed COVID-era securitisation measures

Summary of proposal

The proposal would close the Australian Small Business Securitisation Fund (ABSF) and Structured Finance Support Fund (SFSF). All unallocated appropriations would be returned to consolidated revenue and used to pay down government debt.

The proposal would be ongoing and start on 1 July 2025.

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Big corporations tax (banks)

Summary of proposal

The proposal would increase the rate of the Major Bank Levy (MBL) to 0.08% per quarter.

Ensure major banks repay cheap COVID-era funding by requiring repayment of the Term Funding Facility (TFF) and bond repayments from their ‘excess reserves’ accounts issued during quantitative easing through a levy.

The proposal would start on 1 July 2025.

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