Note: Where available, the PDF/Word icon below is provided to view the complete and fully formatted document
 Download Full Day's HansardDownload Full Day's Hansard    View Or Save XMLView/Save XML

Previous Fragment    Next Fragment
Tuesday, 8 November 1977
Page: 3158

Mr Neil asked the Minister for Environment, Housing and Community Development, upon notice, on 20 October 1977:

(1)   What is the latest available figure for total annual home loan finance in Australia.

(2)   Of this sum how much was for-

a.   first home loan applications and

b.   new land development

Mr Newman - The answer to the honourable member's question is as follows:

(   1 ) In 1 976-77 total loans approved to individuals for construction or purchase of dwellings amounted to $5,174,874,000.

(2)   a. Statistics are not collected on the proportion of housing finance going to first-time home-buyers.

b.   None of the amount mentioned in (1) above was to finance the development of new land. Statistics are not available on finance for new land development.

Suggest corrections