Second Reading Speeches

Defence Home Ownership Assistance Scheme Amendment Bill 2022

Type
Government
Portfolio
Defence
Originating house
House of Representatives
Status
Act
Parliament no
47

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Summary

Amends the

Defence Home Ownership Assistance Scheme Act 2008
to: remove the post-separation timeframe for accessing the Defence Home Ownership Assistance Scheme; reduce the qualifying service periods for initial access to the scheme and the minimum service periods for each subsidy tier; provide for subsidised borrowers to continue to access the scheme in circumstances where a genuine error, mistake or accident has occurred that would otherwise amount to a subsidy ceasing event; and provide a power to make and recover payments, including overpayments, which may occur in the administration of the scheme.

We acknowledge the traditional owners and custodians of country throughout Australia and acknowledge their continuing connection to land, waters and community. We pay our respects to the people, the cultures and the elders past, present and emerging.

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