Watch

Labor's 5% deposit for first home buyer scheme launches as housing price fears grow

Published
From today first home buyers can enter the market with just a 5 per cent deposit. It was a key Labor election pledge. The government will act as guarantor so buyers avoid paying lender's mortgage insurance. But there's a catch - the measure could raise house prices.
Tags
Finance
Share

Recommended for you

Donald Trump outdoors.
Bob Katter, an elderly man with white hair and wearing a black coat, gestures with his hands—one of which has writing on the palm—while standing in front of a banner reading “no migration without assimilation“.
The Manuella family in Australia on special new visa stream, called the Falepili Mobility Pathway - January 30 2026 Tys Occhiuzzi.jpg
A man in a dark suit with a red tie and white hair walks down a set of stairs
Sussan Ley and David Littleproud
School children in a queue.
Emmanuel Macron wearing a dark suit and sunglasses and talking at a microphone
Artwork of Donald Trump set against a background of a US and a UN flag

Get SBS News daily and direct to your Inbox

Sign up now for the latest news from Australia and around the world direct to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Follow SBS News

Download our apps

Listen to our podcasts

Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS

SBS World News

Take a global view with Australia's most comprehensive world news service

Watch now

Watch the latest news videos from Australia and across the world