home ownership Archives

Media Release HIA Expanded home guarantee supports home ownership 28 March 2022 Expanded home guarantee scheme supports home ownership “The extension of the first home loan despoit scheme and the new home guarantee scheme will make a real difference in the lives of thousands of Australians looking to achieve home ownership over the next three years,” said HIA Managing Director, Graham Wolfe. “The deposit gap continues to be the biggest barrier to home ownership. The first home loand deposit scheme has clearly proven its value over the last 3 years, helping more than 30,000 households buy their first home. “HIA is extremely pleased to see the government expand the scheme to address the ‘missing middle’ of home seekers – those people that have previously owned a home but have been out of the market, most likely renting, for more than 5 years in regional Australia. “Many people each year can ...