Industry groups broadly welcomed the housing measures in the 2022-23 federal budget, which more than doubled the Home Guarantee Schemes to 50,000 places a year and added $2 billion in support through the National Housing Finance and Investment Corporation. PIPA chair Nicola McDougall said the expansion would assist many buyers who might otherwise have struggled to save a deposit, while lenders noted eligibility and price caps would need regular review.
Reported by
Annie Kane, Mortgage Business, 30 Marc
PIPA has summarised this coverage for members. Copyright in the original article remains with its publisher.