<iframe src="//www.googletagmanager.com/ns.html?id=GTM-K3L4M3" height="0" width="0" style="display:none;visibility:hidden">

Flat White

Spotting cracks in the first home deposit scheme

15 April 2022

2:00 PM

15 April 2022

2:00 PM

Canberra’s extension of the First Home Deposit Scheme, Regional Home and Family Home Guarantees is set to put another 50,000 Australians into more debt.

These 2-5 per cent deposit schemes introduced over the past nine months have seemed too good to be true. However, when you read between the lines and see politicians making promises, there is always a catch.

Already a subscriber? Log in

Subscribe for just $2 a week

Try a month of The Spectator Australia absolutely free and without commitment. Not only that but – if you choose to continue – you’ll pay just $2 a week for your first year.

  • Unlimited access to spectator.com.au and app
  • The weekly edition on the Spectator Australia app
  • Spectator podcasts and newsletters
  • Full access to spectator.co.uk

Unlock this article



Don't miss out

Join the conversation with other Spectator Australia readers. Subscribe to leave a comment.

Already a subscriber? Log in