The second term of the Albanese Government will continue and expand their first term housing initiatives aimed at homebuyers and building new homes.<\/p>\n
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First home buyers have received much of the attention.<\/p>\n
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Eligible first home buyers will only need a 5% deposit, while 100,000 homes available exclusively to first home buyers are planned.<\/p>\n
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Information on existing schemes is available through Housing Australia<\/a>, Treasury<\/a> and the Australian Tax Office<\/a>.<\/p>\n <\/p>\n However, details and dates remain unclear for some new and expanded programs.<\/p>\n <\/p>\n First Home Buyers<\/strong><\/p>\n <\/p>\n Help to Buy scheme.<\/strong> A shared equity program allowing eligible first home buyers to purchase a home with the government contributing up to 40% of the property’s value.<\/p>\n <\/p>\n Learn more – HousingAustralia.gov.au<\/a><\/p>\n <\/p>\n <\/ul>\n <\/p>\n \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Learn more – Supporting people into home ownership (treasury.gov.au)<\/a>.<\/p>\n <\/p>\n <\/p>\n <\/ul>\n <\/p>\n Learn more \u2013 ato.gov.au<\/a><\/p>\n <\/p>\n Existing Homeowners<\/strong><\/p>\n <\/p>\n For existing homeowners looking to move, there are existing policies announced before the election that focus on increasing overall housing supply and improving affordability:<\/p>\n <\/p>\n <\/ul>\n <\/p>\n Learn more – Delivering the National Housing Accord \u2013 Treasury.gov.au<\/a><\/p>\n <\/p>\n Victorian State Government schemes<\/strong><\/p>\n <\/p>\n <\/ul>\n <\/p>\n Learn more – State Revenue Office<\/a>.<\/p>\n <\/p>\n <\/ul>\n <\/p>\n Learn more \u2013 State Revenue Office Victoria<\/a><\/p>\n <\/p>\n <\/ul>\n <\/p>\n Learn more – Apply for a first home buyer duty exemption, concession or reduction<\/a><\/p>\n <\/p>\n Please note<\/strong><\/p>\n <\/p>\n Schemes and programs have eligibility criteria that determines how they can be accessed.<\/p>\n <\/p>\n If you\u2019re applying, please read the information from the relevant government department or agency carefully and seek assistance to understand your obligations if successful.<\/p>\n <\/p>\n Government programs are subject to change and up to date information about the policies and programs should be sought directly from the organisation administering the policy.<\/a><\/p>\n <\/p>\n Learn more:<\/strong><\/p>\n <\/p>\n Australian Government<\/strong><\/p>\n <\/p>\n Housing Australia \u2013 Home Guarantee Scheme<\/a><\/p>\n <\/p>\n Housing Australia \u2013 Regional First Home Buyer Guarantee<\/a><\/p>\n <\/p>\n Housing Australia \u2013 Help to Buy scheme<\/a><\/p>\n <\/p>\n Housing Australia \u2013 Family Home Guarantee (single parents)<\/a><\/p>\n <\/p>\n Housing Australia \u2013 Tools and resources<\/a><\/p>\n <\/p>\n Treasury \u2013 Supporting people into home ownership<\/a><\/p>\n <\/p>\n Australian Taxation Office \u2013 First home super saver scheme<\/a><\/p>\n <\/p>\n \u00a0<\/p>\n <\/p>\n Victorian Government<\/strong><\/p>\n <\/p>\n Housing Victoria \u2013 Home Ownership<\/a><\/p>\n <\/p>\n Housing Victoria \u2013 Help to buy a home<\/a><\/p>\n <\/p>\n State Revenue Office \u2013 Buying a property<\/a><\/p>\n <\/p>\n State Revenue Office \u2013 Homebuyer Fund<\/a><\/p>\n <\/p>\n State Revenue Office \u2013 First Home Owner<\/a><\/p>\n <\/p>\n<\/p>\n
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