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All first home buyers to be able to buy with five per cent deposit from October

2025-08-25 3,322 Dailymotion

The federal government's kicking off the return of Parliament today with an announcement that all first home buyers will be able to buy with just a five per cent deposit from October. It's bringing forward the election promise by three months in a bid to get more young people into the housing market sooner. The Prime Minister says the scheme, paired with pausing the national construction code, will make an enormous difference but the opposition is sceptical.