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.
- 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