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Huge Change: First Home Buyers Scheme Now Unlimited
Big changes for first home buyers in Australia: the First Home Guarantee has removed both income caps and the limit on available spots. Originally capped at 10,000 places, then expanded to 35,000 and 50,000, the scheme is now unlimited.

This means even high-income earners in Sydney making over $400,000 a year can access the scheme, while lower-income buyers still compete in the same market. By allowing buyers to purchase with a 5% deposit and no Lender’s Mortgage Insurance (LMI), this move could significantly impact housing affordability, borrowing power, and property prices in Australia.

👉 Watch the full episode for more on government housing schemes, first home buyer incentives, and Australia’s property market trends.