Housing

The majority voted against a motion to suspend the usual procedural rules - known as standing orders - in order to let another vote take place.

Motion test

That so much of the standing and sessional orders be suspended as would prevent the member for Calare moving the following motion immediately:

That:

(1) the House notes:

(a) the housing affordability crisis is having a devastating impact on many Australians, particularly first home buyers and young families;

(b) urgent action is required to prevent the great Australian dream of home ownership from slipping away from many Australians;

(c) the National Australia Bank Residential Property survey for fourth quarter 2023 found that the market share of foreign buyers in new Australian housing markets grew for the fifth straight quarter to a six and a half year high of 11 per cent, and in New South Wales foreign buyers had a 15 per cent market share; and

(d) a two-year prohibition on the foreign purchase of residential property in Australia would ensure that the interests of foreign property speculators are not being prioritised over the interests of Australian first home buyers and young families; and

(2) Private Members' business order of the day No. 27, relating to the Prohibition on the Purchase of Residential Property by Foreign Entities Bill 2024, be called on immediately and be given priority over all other business for final determination of the House.