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Sydney Morning Herald
Sydney Morning Herald
AsiaPac · 3 hrs ago
72◉ Centre
First home deposit scheme backfires
72Quality
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AI Analysis
Quality 72/100
Partisan intensity 35/100
ObjectivePartisan
◉ Centre ✓ Fair headline

Australia's first home buyer scheme allowing five per cent deposits is creating financial risk for over 50,000 buyers as house prices decline in some capital cities.

🔒www.smh.com.au
Score: 72Opens in app
First home deposit scheme backfires
More than 50,000 first home buyers are at risk of losing money after house prices tumbled in some capital, as the government's five-per cent deposit scheme backfires.
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