What Is The Regional First Home Buyer Guarantee?
To reduce the pain of buying a first home and helping renters in the property ownership door, the government introduced a number of incentive plans. In 2020 the First Home Loan Deposit Scheme was introduced to allow first home buyers to get into their own homes with a reduced deposit and no added bank penalties. In the 2022 Federal Budget, this was changed to be called the First Home Guarantee.