Get the extensionGet the app Support us Sign in

Average first homebuyer mortgage surges $50,000 after federal government lifts scheme income caps

Summary

The average first home buyer in Australia is borrowing nearly $50,000 more since the federal government removed income caps from its 5 per cent deposit scheme.

Photograph from The West Australian for this story

A summary of The West Australian’s report.

How calmly it was written

Only this newsroom has covered it so far.

Not scored: we only receive a 41-word summary of this report.

Sign in to react.

Comments are not open yet. They will be once there is someone to read every one before it appears. If something here is wrong, tell us — that we do read.