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Nearly 1,500 properties bought using Australia’s first home buyers' 5% deposit scheme converted into investments

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Nearly 1,500 properties bought using Australia’s first home buyers' 5% deposit scheme converted into investments
The Guardian
The Guardian2 hrs ago
Nearly 1,500 properties bought using Australia’s first home buyers' 5% deposit scheme converted into investments
New data shows the federal government scheme has been used by high-income borrowers, including one couple earning an annual $674,000 Get our breaking news email, free app or daily news podcast The government’s 5% deposit scheme for first home buyers has enabled the purchase of nearly 1,500 properties that were turned
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