Government Extends First Home Loan Deposit Scheme By 10,000 Spaces

This article will be updated as new information is released.
On the 3rd of October, the Morrison Government announced an additional 10,000 spots in the First Home Loan Deposit Scheme with the intention of boosting construction and Australia’s economic recovery. The additional 10,000 spaces will be provided from 6th of October to first home buyers to support the purchase of newly built homes and off-the-plan properties. This differs from previous releases, which also allowed for the purchase of established properties.


Joel Robinson
Joel Robinson is the Editor in Chief at iBuildNew, where he leads the editorial team and oversees the country's most comprehensive news coverage dedicated to the new home building industry. With more than a decade of experience in residential real estate journalism, Joel brings deep insight into Australia's evolving home building and construction landscape.




