Dutton Pledges to Lower the Home Loan Borrowing Buffer
Michael Sukkar said research shows nearly 40 percent of first-home buyers fail to secure finance due to serviceability buffers.
Opposition Leader Peter Dutton speaks to the media during post budget media interviews at Parliament House in Canberra, Australia on March 26, 2025. Hilary Wardhaugh/Getty Images
Opposition Leader Peter Dutton believes the current mortgage serviceability buffer is too high and would like to lower the current rate.
The home loan serviceability buffer is the additional amount banks add to interest rates when assessing whether an Australian can afford a loan.
Monica O’Shea
Author
Monica O’Shea is a reporter based in Australia. She previously worked as a reporter for Motley Fool Australia, Daily Mail Australia, and Fairfax Regional Media. She can be reached at monica.o'[email protected]
