Terms of reference

Terms of reference

Whether the present financial regulatory framework adequately prioritises the goal of home ownership for Australians, with particular reference to:

(a)Australian Prudential Regulation Authority prudential standards and Corporations Act 2001 provisions for lending;

(b)the nature and type of debt and equity arrangements being used to underpin housing development;

(c)the appropriate involvement (if any) of corporate and institutional funds in the provision of housing;

(d)the effectiveness of mechanisms to monitor investment in the residential property market;

(e)the tax treatment of residential property and impacts on demand and house prices;

(f)the adequacy of metrics available to policymakers for monitoring the ratio of new housing supply relative to population growth;

(g)examples of effective priority treatment for aspiring Australian homeowners that do not compromise financial stability; and

(h)any related matters.