5% deposit modelling - back in black! | Senator Andrew Bragg
0:41
5% deposit modelling - back in black! | Senator Andrew Bragg
75K views5 months ago
FacebookSenator Andrew Bragg
Treasury modelling on deposit scheme remains secret
Treasury modelling on deposit scheme remains secret
5 months ago
theaustralian.com.au
Treasury’s done the modelling 😏 The 5% no LMI scheme absolutely benefits the individuals who can access it. Getting in earlier, avoiding LMI, and competing with fewer buyers in your specific price bracket can make a huge difference for those who qualify. In Sydney for example, First Home Buyers can now buy up to $1.5m with as little as $140,000 (5% deposit stamp duty), which before Oct 2025, wasn't achievable. But on a broader level, expanding eligibility, raising price caps, and removing limit
1:43
Treasury’s done the modelling 😏 The 5% no LMI scheme absolutely benefits the individuals who can access it. Getting in earlier, avoiding LMI, and competing with fewer buyers in your specific price bracket can make a huge difference for those who qualify. In Sydney for example, First Home Buyers can now buy up to $1.5m with as little as $140,000 (5% deposit stamp duty), which before Oct 2025, wasn't achievable. But on a broader level, expanding eligibility, raising price caps, and removing limit
6.2K views5 months ago
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