HomeBuilder Scheme Boosts First Home Ownership to 11 Year High

HomeBuilder Scheme Boosts First Home Ownership to 11 Year High
A builder works on a house under construction in a file photo. Ian Waldie/Getty Images
Updated:

The number of first home buyers has risen to an 11-year high as the federal government’s HomeBuilder scheme helps boost the number of people securing their piece of the property market.

Data from the Australian Bureau of Statistics showed that in October the number of owner-occupier first home buyer loan commitments increased by 3.4 percent.
Victoria Kelly-Clark
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Victoria Kelly-Clark is an Australian based reporter who focuses on national politics and the geopolitical environment in the Asia-pacific region, the Middle East and Central Asia.
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