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Government extends first home buyer support in hope of driving new construction – ABC News

The Federal Government will add an additional 10,000 places to a scheme designed to make it easier for first home buyers to purchase a house with a small deposi…

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The Federal Government will add an additional 10,000 places to a scheme designed to make it easier for first home buyers to purchase a house with a small deposit.

  • The First Home Loan Deposit scheme will be extended with 10,000 new places
  • All of the new places will be for people buying new homes
  • The Government will guarantee larger loans, as new homes are generally more expensive

The First Home Loan Deposit scheme allows people to purchase property with a depos…

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