This proposal has five components.

Component 1 – Federal Housing Trust

This proposal is to establish a First Home Loan Deposit Scheme (the Scheme) which would help eligible first home buyers by providing support if they do not have a 20 per cent deposit, consistent with the Coalition’s announcement – First Home Loan Deposit Scheme (PER062).

The Scheme would be capped at 10,000 recipients a year.

The Scheme would be run by the National Housing Finance and Investment Corporation.

The proposal has two components.

Component 1 – Remove negative gearing

The proposal would close the First Home Super Saver Scheme (the Scheme). Contributions made to superannuation on or after 1 July 2019 would not be able to be withdrawn under the Scheme.

Eligible superannuation contributions made prior to 1 July 2019 would be grandfathered, such that eligible individuals would still be able to withdraw those contributions and their associated deemed earnings to purchase a first home, subject to the tax on withdrawals that applies under the Scheme.

The proposal would establish a national shared-equity scheme called Help to Buy, which aims to assist people on low-to-moderate incomes purchase a home.

Through the National Housing Finance and Investment Corporation (NHFIC), the Australian Government (the Government) would provide equity of up to:

The proposal would establish a national shared-equity scheme called Help to Buy, which aims to assist people on low-to-moderate incomes purchase a home.

Through the National Housing Finance and Investment Corporation (NHFIC), the Australian Government (the Government) would provide equity of up to:

The proposal has 2 components.

Component 1 would establish a National Housing Supply and Affordability Council.

Component 2 would expand the role and work of the National Housing Finance and Investment Corporation (NHFIC). It would be responsible for key national housing programs including Help to Buy, Regional First Home Buyer Support Scheme, Housing Australia Future Fund, and existing programs currently run by NHFIC. NHFIC would also be renamed Housing Australia.

The proposal has 2 components.

Component 1 would establish a National Housing Supply and Affordability Council.

Component 2 would expand the role and work of the National Housing Finance and Investment Corporation (NHFIC). It would be responsible for key national housing programs including Help to Buy, Regional First Home Buyer Support Scheme, Housing Australia Future Fund, and existing programs currently run by NHFIC. NHFIC would also be renamed Housing Australia.

From 1 July 2022, the proposal would establish a Housing Australia Future Fund (HAFF), administered by the Future Fund with a target rate of return matching that of the Emergency Response Fund (ERF).

Net earnings would be available to be drawn at the direction of the relevant minister to be transferred to the National Housing Finance and Investment Corporation (NHFIC) to offer payments for social housing projects or directed to grants. All funds earnt in a year would be drawn, not reinvested.

From 1 July 2022, the proposal would establish a Housing Australia Future Fund (HAFF), administered by the Future Fund with a target rate of return matching that of the Emergency Response Fund (ERF).

Net earnings would be available to be drawn at the direction of the relevant minister to be transferred to the National Housing Finance and Investment Corporation (NHFIC) to offer payments for social housing projects or directed to grants. All funds earnt in a year would be drawn, not reinvested.