The federal government’s expanded first home loan deposit scheme will help those who qualify, at the expense of those who don’t.
- Research Fellow in Real Estate, Centre for Applied Economic Research, UNSW
Coronavirus has changed the story for 2020’s property market.
Topping up deposits by as much as 15 percentage points will help, but housing isn’t risk-free.
The Henry Review argued changes to negative gearing would need to be offset by increasing housing supply, but this aspect is missing from the Labor proposal.
The adverse impact of the resources bust is still there, but the figures suggest the economy tracking at or above its potential.
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