Morrison Vows to Cut Aussie First-Home Owner Deposit to 5%

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Average Home To First Time Morrison Vows to Cut Aussie First-Home Owner Deposit to 5% – "It can take nine to 10 years for an average household to save a deposit," Morrison said in an emailed statement. "We want to help Australians realize the goal of buying their first home by cutting.

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If you’re a first home buyer and you’re buying or building a new home, you may qualify for a $10,000 grant under the First Home Owner Grant (New Homes) scheme if you purchase date was on or after 1 January 2016. You can make a claim for the First Home Owner Grant if your:

First Home Buyers Australia co-founder Daniel Cohen said there was more new housing stock – able to be used with a first home owners’ grant – in Victoria. Although there was also a lot of stock in Brisbane, there was a greater variety and quantity of employment opportunities for younger Australians in Melbourne, he said.

First home buyers. Great news for first home buyers. Shortly before polling day, the Morrison Government announced a new helping hand for first home owners. The First Home Loan Deposit Scheme is a fresh initiative that lets first home buyers purchase a home with a deposit as low as 5% and savings of around $10,000 in lenders mortgage insurance.

THE BUSINESS TIMES – AUSTRALIAN prime minister scott morrison committed as much as A$500 million (S$476.9 million) to cut costs for first-home buyers, seeking to boost his chances of re-election with Australian PM vows to cut first-home owner deposit to 5%, Real Estate – THE BUSINESS TIMES

Bob Hawke: Australia’s charismatic former PM Australia’s ‘larrikin’ former prime minister Bob Hawke dies at 89 – Reuters Bob Hawke, a transformative and charismatic left-wing lawmaker with a "larrikin’ streak who served as Australian prime.