BREAKING NEWS: Home Guarantee Scheme to expand from 1 July 2023

Just announced! Big news for anyone who is interested in buying a house using the Home Guarantee Scheme. Eligibility criteria for all elements of the scheme — including the First Home Guarantee, the Regional First Home Buyer Guarantee, and the Family Home Guarantee — will be expanded from July 1st 2023 as the government continues to address Australia’s housing challenges. WHAT IS THE FIRST HOME …

What does 2023 have in store for your finances?

With 2022 behind us it’s time to look forward to see what 2023 could have in store. This way, we can assist you to best prepare for what’s to come! Top 3 brokers predictions for 2023 As reported in TheAdviser on 3 Jan 2023, here are 3 trends that brokers expect to see in 2023: REFINANCING DEMAND TO CONTINUE Many …

What does the expanded Home Guarantee Scheme mean for you?

Just announced! Changes to the First Home Guarantee (previously known as the First Home Loan Deposit Scheme) and Family Home Guarantee; and introduction of a Regional Home Guarantee. These changes, which will come into affect from July 1st 2022, include expanding the number of guarantees available as well as radically increasing many of the price caps right across the country. …

Budget 2022-23 – First Home Buyers are Big Winners

Federal Budget 2022-23 delivers more help for First Home Buyers, Regional Home Buyers and Single Parent Families. This year the government has recognised that increasing housing prices coupled with increased lending requirements across the banking system has made it difficult for first home buyers.  Some welcome help is on the way. Affordable Housing and Home Ownership First home buyers were …

First Home Buyers – it’s time to get excited!

First Home Buyers are rejoicing at the recent announcement from the Australian Government. The Treasury has expanded the property price caps for homes purchased under the First Home Loan Deposit Scheme and Family Home Guarantee, which apply from 1st July 2021. A total of 30,000 places will be made available under the First Home Loan Deposit Scheme range of schemes in …

Budget 2021-22 – what does it mean for you?

The 2020-21 federal budget has been handed down. On top of tax cuts for more than 10 million people, it also outlines a range of steps to support home ownership and help small businesses recover from the coronavirus pandemic. Home Ownership Measures implemented last year, such as the First Home Loan Deposit Scheme and the HomeBuilder scheme, would appear to have contributed to …

home builder tradesperson jumping for joy outside house with plans in hand

Stamp duty discounts announced as Victorian Budget spends billions to reinvigorate economy

October 25th 2020 Victorian home buyers are the BIG WINNERS following the announcement of their State Budget for 2020-21. There is no denying that the Victorian state economy has taken a battering during the coronavirus pandemic. In response, the Victorian Government are offering stamp duty discounts plus an additional spend of almost $50 billion on other concessions, subsidies and projects. …

Architect plans new house or extension

Building or Buying? – What Grants are you entitled to?

10th July 2020 Are you thinking of buying or building a new home and confused about what is available? With a number of grants, schemes & concessions available NOW could be the perfect time! With as little as a 5% deposit a new home could be your reality but working out what you are entitled to can be tricky… There …