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Heres how first home buyer couples would fare under Labor and the Coalition
2025-04-26 18:45:03| Spiritual Career Counseling
AdvertisementAnalysisPoliticsFederalAustralia votesBy Millie MuroiApril 17, 2025 3.45pm, registeror subscribeto save articles for later.Save articles for laterAdd articles to your saved list and come back to them any time.Both major parties have been campaigning hard on the cost-of-living crisis and especially housing affordability in a bid to win over younger voters.How do these policies affect typical 30-year-old couples who might be looking for a place of their own?Labor has proposed letting all first home buyers purchase a home without having to pay lenders mortgage insurance (LMI) as long as they have a 5 per cent deposit, extending an existing scheme.The Coalition has pledged its own expansion of the scheme, vowing to let purchasers with a combined income of $250,000 access the 5 per cent deposit guarantee, up from $200,000.LoadingBut its marquee pledges are to allow first home buyers to withdraw up to 40 per cent of their superannuation, up to a value of $50,000, to put t...
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