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{{propApi.successMessage}} {{region}} Change locationHome Buyer Scheme helping move people into home ownership
Home Buyer Scheme helping move people into home ownership
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“The Home Guarantee Scheme is an important incentive making it easier for a first home buyer to raise their deposit more quickly and easily and in turn helping them get into their own home faster.
“The report found one in three first home buyers in Australia have been able to get into their first home by accessing the Scheme.
“It also found that around 10,860, or more than one third of all guarantees were issued to buyers in regional areas in 2022-23 up from around 7,390 in 2021-22,” said Ms Martin.
“The report also showed an increasing proportion of younger buyers participated in the Scheme each year since its inception. More than half of all places under the Scheme, in 2022-23, were taken up by people under the age of 30.
“Since its inception, HIA has been a strong supporter of assistance for first home buyers, to help get Australians into their first home and achieve their home ownership aspirations,” concluded Ms Martin.
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Detached house approvals picking up
“There were 9,490 detached homes approved in the month of April 2025, up by 3.3 per cent compared to the previous month,” stated HIA Senior Economist Maurice Tapang.
State Budget is a missed opportunity to stimulate housing
The Treasurer has handed down the 2025/26 Tasmanian Budget. The Budget focuses on alleviating cost of living pressures, health, education and infrastructure, while mapping out a path to a fiscal balance surplus in 2032/2033.
HIA supports bipartisan approach to planning reform NSW
“The NSW planning system has failed to deliver the number of homes we desperately need and we fully support removing the politics from housing, to address this growing crisis,” said Brad Armitage, HIA Executive Director NSW.
Opposition pledge to remove stamp duty for first home buyers welcomed (Vic)
The Victorian Opposition’s announcement that it would remove stamp duty for first-home buyers spending up to $1 million on a new or existing home if elected at next year’s state election, is a positive step towards improving home affordability,” says Steven Wojtkiw, HIA Victoria Deputy Executive Director.