Government announced it’s approach is to enable banks to lend to people who have not be able to save a house loan deposit.
First Home Buyers 5% Scheme, rebranded as New Home Guarantee for 10,000 eligible First Home Buyers.
New Family Home Guarantee is designed to assist eligible single parents buy a home with a 2% deposit.
Expanding the FHSSS (First Home Super Save Scheme) as from July 2022, eligible First Home Buyers will be able to withdraw “top up’s” made into their superannuation.
