The Australian government is set to bring forward a scheme for all first home buyers to purchase a home with a five percent deposit.
The government will act as guarantor for the remaining 15 percent of a 20 percent deposit.
First Home Buyers Able to Access 5 Percent House Deposit Scheme Sooner
The plan to go guarantor on 15 percent of new home buyers’ deposits is not without critique.
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Crystal-Rose Jones
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Crystal-Rose Jones is a reporter based in Australia. She previously worked at News Corp for 16 years as a senior journalist and editor.
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