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In 2022, the Australian property market could see similar growth as 2021 but not as strong, says the newest Bricks and Mortar market forecast.

Budget 2021: Family Home Guarantee to help single parents Budget 2021: Family Home Guarantee to help single parents Monday, 10 May 2021 Single parents hoping to get a foot on the property ladder will receive a boost this year, following the announcement of a new government initiative as part of the 2021-2022 Federal Budget. Dubbed the Family Home Guarantee, the program will allow single parents to purchase an existing home or build a new one with a deposit of as little as 2%. The program will commence 1 July 2021 and stretch over a period of four years, during which it will provide 10,000 gu...

Big banks prepare to wrap up mortgage holidays in March Big banks prepare to wrap up mortgage holidays in March Wednesday, 20 January 2021 Not long after the pandemic hit, hundreds of thousands of Australians took up their bank’s offer to suspend mortgage repayments. But new deferral applicants will soon be turned down as banks prepare for the program’s end in March 2021. In a note to mortgage brokers, NAB said it will no longer be accepting deferral applications as of 20 January. Similar guidance has been issued by the other major banks, though an exact date has not yet been provided.