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Flat White

Spotting cracks in the first home deposit scheme

15 April 2022

2:00 PM

15 April 2022

2:00 PM

Canberra’s extension of the First Home Deposit Scheme, Regional Home and Family Home Guarantees is set to put another 50,000 Australians into more debt.

These 2-5 per cent deposit schemes introduced over the past nine months have seemed too good to be true. However, when you read between the lines and see politicians making promises, there is always a catch.

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