First-home buyers get 5 per cent deposit help from October, but 'it could push property prices'

Starting 1 October, the federal government will expand the Home Loan Guarantee for first-time buyers in a bid to address Australia’s rising housing market. The scheme will help more buyers enter the market, but could also drive up housing prices. In this podcast, we feature a financial expert, Niti Bhargava, who says that first homes don’t have to be dream homes; they can be a stepping stone.

Starting 1 October, the federal government will expand the Home Loan Guarantee for first-time buyers. (Representative image) Credit: Background image: AAP images/Left image: Getty Images

(Disclaimer: The information given in this interview is of a general nature. Contact an expert for clear advice on your situation.)

Find all our podcasts here at: SBS Hindi Podcast Collection. You can also tune in to SBS Hindi at 5 pm on SBS South Asian on digital radio, on channel 305 on your television, via the SBS Audio app , or stream from our website.

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