In November 2023, the Palaszcuk Government along with the Minister for Housing, Meaghan Scanlon, announced that they are fighting the cost-of-living crisis by backing first home buyers. As part of their new policy, eligible first home buyers can now receive…
If you are about to buy your first home you may be asking yourself, ‘should I fix my home loan or not’? Especially with interest rates at an all time low. Today we take a look at ‘variable’ home loans versus ‘fixed’…
Over the last few years there have been many statistics that have confirmed the severity of the housing affordability crisis facing many young Australian’s across the country. This is a fact that has been confirmed again, this time by the data released by…
Did you know parental assistance for your first home loan, can come in forms other than a cash gift, informal loan or a full loan guarantee? Yesterday, in Part 1 of our “Types of Parental Assistance” series we looked at the…
Have you ever had a conversation with your parents regarding assistance for your first home purchase? Whilst it is not that uncommon for parents to gift their children large sums of money for the purpose of funding their first home…
Etienne Rizzo, the Director of FHBA Services Community member Deposit Assure, explores how parents can help their children achieve the Great Australia Dream of home ownership. The article was originally written for parents, baby boomers & retirees. Disclaimer: Please note…
Once a first home buyer has saved a deposit and found a home they would like to put an offer in for, there are two common problems first timers face: What steps do I need to do to purchase a desired home successfully? Who…
At FHBA we are continually updating and being innovative in how we present our important information & content to aspiring first home buyers. After receiving important feedback from you we have decided to give our State by State First Home Owner Assistance (Grants)…