As a NSW resident, you will agree that housing is expensive. This is due to many factors; the imbalance in supply and demand, low interest rates, high inflation, and tax policies spike property prices. Moreover, economists have also predicted that…
Are you planning to buy a property? If yes, you are scared because it is a significant step – your mind is filled with endless doubts! “Should I spend all my savings in one go?” “Am I getting the best…
The end of the financial year (EOFY) is upon us again! Some lenders have increased the discretionary discounts for first home buyers, especially those looking to take advantage of the Federal Government’s HGS (FHBG) Scheme. Furthermore, lenders on the FHBA…
Did you know about more than 670,000 people purchased a new property in 2023? The numbers are impressive because the real estate market is far from affordable. What’s more intriguing is that first-time home buyers contribute 10% of the housing…
As part of Queensland’s 2024-25 State Budget, the Steven Miles Labor Government has announced that it will reduce the stamp duty for first home buyers in Queensland. Along with this they will maintain the $30,000 First Home Owners Grant (FHOG)…
As part of South Australia’s 2024-25 State Budget, the Peter Malinauskas Labor Government has announced that it will remove stamp duty for all first home buyers who are looking at purchasing or constructing a new home. Along with the Stamp…
In May 2024, Western Australian Premier Roger Cook & Treasurer Rita Saffioti delivered their first state budget. With it, they have some delivered some much-needed good news for Western Australian first home buyers. The 2024-25 Budget delivers $1.1 billion for…
In the 2024/25 Budget released on the 14th of May 2024, the Albanese Government has announced a raft of measures for the housing sector. However, first home buyers are a group that have been left out to a certain extent.…
On Tuesday, the 07th of May 2024, the Reserve Bank of Australia (RBA) decided to maintain the interest rates at 4.35%, marking the fourth consecutive month where the rate has remained unchanged. Recent data available to the RBA indicates that…
The Federal Labor Government’s Help to Buy scheme, set to launch this year, has been touted as a game-changer for aspiring first home buyers, with the Government proposing to provide an equity contribution of up to 40% of the purchase…