Big boost for first home buyers: 5 per cent deposits available from October

SBS Hindi

The First Home Buyer Guarantee scheme is expanding. Credit: Getty images

The Australian government has expanded the First Home Buyer Guarantee scheme to help young people purchase homes sooner. While the government describes it as a major relief for first-time buyers, the opposition warns that it could drive housing prices up further. Tune in to this podcast with Sydney-based real estate agent Raj Bhandari, as we discuss the housing situation.

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Published 26 August 2025 10:57am

By Sydney Lang, Shashi Bhushan Kumar

Presented by Shashi Bhushan Kumar

Source: SBS

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The Australian government has expanded the First Home Buyer Guarantee scheme to help young people purchase homes sooner. While the government describes it as a major relief for first-time buyers, the opposition warns that it could drive housing prices up further. Tune in to this podcast with Sydney-based real estate agent Raj Bhandari, as we discuss the housing situation.

(Disclaimer: The information given in this interview is of a general nature. This information may not be appropriate for your personal circumstances.)

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