first home

First home buyer loans have skyrocketed to their highest level in a decade, according to data from the Australian Bureau of Statistics. December saw total volumes jump by more than 6%, in seasonally adjusted terms, to a record 9606, the highest in a ... More

2020 could be the year to jump onboard the property bandwagon, or expand your portfolio if you're already on it. A turnaround in the Australian housing market in the second half of 2019, along with further interest rate cuts on the cards, points to ... More

Coming up with 20% of the property's price is a big challenge for many would-be buyers, but is the First Home Loan Deposit Scheme the solution? What we know The Coalition promised it would do just that if it won the May election and the details ... More

First home buyers The $500 million First Home Loan Deposit Scheme is set to come into effect January 1, supporting up to 10,000 loans on a first in, best dressed basis. The scheme, which will guarantee loans for up to 15% of the purchase price, will ... More

Interest rates may be at their lowest since the 1950s, but high property prices make climbing onto the first rung of the property ladder no easy feat. The good news is that help is at hand. The home loan industry, with state and federal governments ... More

First home buyers will be able to get into a house with as little as 5% deposit through the First Home Loan Deposit Scheme - provided the value of the property falls under the property price caps announced this week by the Morrison government. The caps ... More

The bank of mum and dad is under threat. Ranked as one of the top 10 lenders in Australia, based on figures from the regulator APRA, reliance on the bank of mum and dad (BOMAD) became widespread for first home buyers in a rising market. A year ago as ... More

Q. My partner and I are lucky enough to have had an offer on a house accepted. While this is a very exciting time for us, it also poses many questions about paying off our mortgage as soon as possible. As the settlement isn't until December, this ... More

Among all the budget and election noise in April, federal parliament passed new laws that aim to improve superannuation member outcomes, including implementation of two recommendations from the banking royal commission. One of the most important was ... More

Q. I have just turned 27 and, like many other Australians, I dream of owning my own property. I'm originally from Adelaide, where one can purchase a reasonable three- or four-bedroom family home for around $400,000- $450,000. In Melbourne , where I ... More