KEYSTART LOANS
111. Hon PETER COLLIER to
the minister representing the Minister for Housing:
I refer to the minister's
media release dated 3 December 2019 titled ''New housing boost helps
more West Aussies and supports economy''.
(1) How many loans originated as a result
of increases in the income limits?
(2) Is the total in (1) less than the government
forecast when it made the announcement; and, if yes, by how many?
(3) What number
of either constructed or established shared equity properties were purchased in
each of the following years: 2015–16, 2016–17, 2017–18,
2018–19, and the year to date?
Hon
STEPHEN DAWSON replied:
I thank the Leader of the Opposition
for some notice of the question. The following answer has been provided by the
Minister for Housing.
(1) Since the announcement on 1 May 2019 regarding
income limit changes, Keystart has recorded a 19 per cent increase in
applications attributable to the higher income limits.
(2) No.
(3) Keystart loans formally approved for constructed
and established shared equity properties in the following financial
years are: 401 in 2015–16; 330 in 2016–17; 265 in 2017–18;
156 in 2018–19; and 80 in the year to date.