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Improved First Home Loan Deposit Scheme gives first-time buyers greater options

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Brooke Thomas, 37, was one of the first applicants tobe approved for the First Home Loan Deposit Scheme. Photo: Lyndon Mechielsen


The increase in the house price cap for those using the First Home Loan Deposit Scheme means many more Brisbane suburbs have suddenly become affordable for first-time buyers.

Treasurer Josh Frydenberg this week announced that the scheme, which started in January, would be extended to a further 10,000 applicants seeking to buy a new home, with the price cap…



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