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Which Australians are most aspirational home buyers?

Which Australians are most aspirational home buyers?
miragenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miragenews.com Daily Mail and Mail on Sunday newspapers.

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Could the 'outstanding' 2 per cent deposit scheme break the poverty trap?


Could the ‘outstanding’ 2 per cent deposit scheme break the poverty trap?
By Cameron Micallef
19 May 2021
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1 minute read
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The 2 per cent deposit scheme has been widely praised as a way to ‘break generational poverty traps’, two industry experts have said.
During a recent episode of The Smart Property Investment Show, Right Property Group’s Steve Waters and Victor Kumar praised the latest government initiative, aimed to help single parents enter the property market.
This scheme, called the Family Home Guarantee, will see single parents enter the housing market with just a 2 per cent deposit. The remaining 18 per cent of the home loan deposit, needed to avoid lender’s mortgage insurance (LMI), will be guaranteed by the federal government. ....

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Broking industry reaction to the Budget


Broking industry reaction to the Budget
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Several members of the broking industry have welcomed the federal budget’s measures for home ownership, but some have noted they will not curb the pace of house price growth.
On Tuesday evening (11 May), the federal budget for 2021-22 was handed down, outlining a range of steps to support home ownership and help small businesses recover from the coronavirus pandemic.
The main home ownership initiatives, such as the new Family Home Guarantee, had been announced ahead of the budget release, which the MFAA and several lenders have already welcomed.
Following the full budget being issued last night, more members of the broking industry issued their thoughts on the spending package. ....

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Federal Budget 2021: How it affects an ordinary Australian family


Federal Budget 2021: How it affects an ordinary Australian family
For many, poring over the details of the Federal Budget every year is a torturous exercise best left to economists and media pundits.
The real impacts of the government s biggest one-day policy announcement aren t felt until they reach the suburbs, where real Australians are struggling with the struggles and costs of living and working.
Little care is given to the political implications of supporting gas exploration, with the cost of nappies far more pressing than the national debt.
With that in mind, here s how the 2021 Federal Budget could help or hinder an average Aussie family. ....

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