HomeStart Finance

452 The Hon. S.C. MULLIGHAN (Lee) (4 May 2021). How many starter loans have been provided by HomeStart under the expanded eligibility criteria announced in the state budget?

The Hon. S.S. MARSHALL (Dunstan—Premier): I have been advised:

As a result of the government's decision to expand the eligibility criteria for the Starter Loan, an additional 60 households now own their own home. This change has delivered a 43 per cent increase in the number of loans provided under the Starter Loan scheme. The eligibility criteria for the Starter Loan were expanded in the state budget by increasing the income brackets for eligible applicants as follows:

Couples increased from $60,000 to $90,000

Singles increased from $52,000 to $65,000

The change was implemented from 8 September 2020. The following table shows the additional Starter Loans provided under the expanded criteria through to 31 March 2021: