50,000 new places in the Home Guarantee Scheme

50,000 new places in the Home Guarantee Scheme

50,000 new places in the Home Guarantee Scheme If you’re trying to enter the property market, the federal government has just potentially made it a little easier. As of 1 July 2025, another 50,000 places have been made available under the Home Guarantee Scheme for the...
How much do you need for a home deposit?

How much do you need for a home deposit?

How much do you need for a home deposit? One of the first questions buyers often ask is how much they need for a home deposit. It’s a simple question with a slightly more complex answer – because the amount buyers need depends on their circumstances, goals and lender....
What are deposit bonds and how do they work?

What are deposit bonds and how do they work?

What are deposit bonds and how do they work? When buying property, most contracts require a 10% deposit to be paid at the time of exchange. But what if the buyer doesn’t have cash available straight away? That’s where a deposit bond can come in. A deposit bond is a...
Understanding conditional loan approval

Understanding conditional loan approval

Understanding conditional loan approval For buyers planning to purchase a property, conditional approval can be a smart first step. It gives a clear idea of borrowing capacity, and shows agents and sellers that a buyer is serious and financially prepared. Conditional...
How to use equity to purchase property

How to use equity to purchase property

How to use equity to purchase property Equity can be a powerful financial tool, which you may be able to use to fund the deposit on an investment property. Your home equity is the difference between your property’s market value and the amount you owe on your mortgage....