Business Daily Media

Small, but well-formed. The new home deposit scheme will help, and it's unlikely to push up prices

  • Written by Rachel Ong ViforJ, Professor of Economics, School of Economics, Finance and Property, Curtin University
imageIt won't help enough, but it will get some people their keys.Shutterstock

The new First Home Loan Deposit Scheme announced the Coalition, and instantly backed by Labor, is likely to be popular among those on the cusp of buying their first home.

It’ll be open to singles earning up to A$125,000 and couples earning up to A$200,000 who have saved...

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