Copy Paste Quotes

Nearly 1,500 properties bought using Australia’s first home buyers' 5% deposit scheme converted into investments

New data shows the federal government scheme has been used by high-income borrowers, including one couple earning an annual $674,000

The government’s 5% deposit scheme for first home buyers has enabled the purchase of nearly 1,500 properties that were turned into investments, new data shows.

The scheme is also helping hundreds of Australians earning more than $300,000 a year, after Labor stopped excluding high-income borrowers.

Continue reading...

Aug 5, 2026 Housing Australian economy Australian politics

Need the full article?

Use the dedicated news page for the summary, then jump straight to the original source when you want the complete story.