For many, the “Great Australian Dream” of owning a home has never felt further out of reach. Rising property values have convincingly outpaced income growth over recent decades, creating an ...

The number of people buying their first home with a 5 per cent deposit surges after the federal government makes sweeping changes to the scheme.

The Federal Government's expanded First Home Guarantee Scheme has come into effect this week, giving thousands more Australians the chance to enter the housing market with just a 5 percent deposit.

The Australian federal Labor government’s expanded Home Guarantee Scheme came into effect on October 1, allowing all first home buyers, regardless of income, to take out a mortgage with just a 5 ...