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Housing Stimulus Package
1352 Ms COOK (Hurtle Vale) (11 September 2019). Budget Paper 2, page 2 of the 2019-20 budget states that the housing stimulus package is estimated to result in around 170 new housing contracts being entered into and around 120 housing outcomes for those struggling to buy an established property. Please provide the modelling for this?
The Hon. V.A. CHAPMAN (Bragg—Deputy Premier, Attorney-General): The Treasurer has provided the following advice:
The following table provides the modelling relating to the 170 new housing contracts and around 120 housing outcomes for an established property associated with the housing stimulus package.
| Estimated investment | Estimated housing outcomes | |||||
| Government | Private | Total | Government | Private | Total | |
| $m | $m | $m | nb. | nb. | nb. | |
| New homes built by SAHA | 21.4 | na | 21.4 | 90 | na | 90 |
| Deposit gap loan | ||||||
| New homes | 1.0 | 28.0 | 29.0 | na | 80 | 80 |
| Established homes | 1.0 | 32.0 | 33.0 | na | 120 | 120 |
| Total | 23.4 | 60.0 | 83.4 | 90 | 200 | 290 |