The broker association has urged the Senate Standing Committee on Economics to ensure that brokers are able to write loans under the incoming Help to Buy scheme.
One in three first home buyers received support through the Home Guarantee Scheme during the 2022/23 financial year, with arrears under the scheme below broader market benchmarks.
The major bank is offering additional support under NAB Assist for new parents with home loan repayment challenges. Eligible customers on parental leave will have the option of a 75 per cent reduction